Add Fiscal Years

To add a fiscal year:

1. Go to Payroll Setup > Fiscal Calendar.
2. Click the Fiscal Years tab.
3. Click Add and select the fiscal calendar you want the new fiscal year to be assigned to. This selection preconfigures the Begin Date and Fiscal Calendar fields (and locks them), and the Periods in Year and Weeks in Period lists.
4. Enter a name and, optionally, a description for the fiscal year.
5. In the Fiscal Year field, enter the year the fiscal year begins.
6. Click Save.