Periods for budget terms set the start and end dates for the terms. Default periods are created automatically when the budget term is saved. Periods can be changed or renamed as necessary.
To define periods for budget terms:
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Select Operations > Budgets > Budget Terms.
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Select the budget term for which to set the period, and then click the Periods tab. The system automatically populates Sequence Number.
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Specify this information:
Period - Specify a new name for the period, such as January, February, or First Quarter.
Start Date - Specify the start date for the period.
End Date - Specify the end date for the period.
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Click Save Record.