Defining periods for budget terms

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:

  1. Open the Budget Terms form.
  2. Select the budget term for which to set the period, and then click the Periods tab. The system automatically populates Sequence Number.
  3. Period—Enter a new name for the period, e.g., January, February, or First Quarter.
  4. Start Date—Enter the start date for the period.
  5. End Date—Enter the end date for the period.
  6. Click Save Record.