Edit a Financial Period for Project Status Snapshots (Beta)

Editing financial periods allows you to update and adjust existing structured timeframes, such as calendar months or custom accounting periods, used for tracking project status snapshots. Modifying these settings ensures that your financial year details, period dates, and period names remain accurate as project schedules or company accounting structures evolve.

• Required User Permissions:

  • 'Admin' level permissions on the Company level Admin tool.

• Additional Information:

  • Calendar Months Format:

    • Period start and end dates cannot be updated manually. They are generated automatically based on the selected First Period Starts On date.

    • Periods end automatically the day before the next period starts. For example, if the next period starts on 2/1/2027, the previous period automatically ends on 1/31/2027.

  • Custom Format:

    • Period end dates cannot be edited directly. They automatically populate based on the start date of the following period. For example, if Period 2 starts on 2/1/2027, Period 1 automatically ends on 1/31/2027.

    • You must manually select the end date (mm/dd/yyyy) for the final period in the sequence.

  • Required Fields:

    • All fields in the Edit Financial Year panel are mandatory.

• Limitations:

  • The date range for an updated financial year cannot overlap with the dates in any existing financial year or period group.

1. Navigate to the Company level Admin tool.

2. Under 'Tool Settings', click Budget.

3. Click the Project Status Snapshots tab.

4. Click Financial Periods in the left menu.

5. In the periods list, locate the financial year you want to modify.

6. Click the pencil icon next to the financial year name, or click the ellipsis icon corresponding to the financial year name and select Edit.

7. In the Edit Financial Year panel, make your desired changes:

   • Period Format: Select Calendar Months or Custom from the drop-down list.

   • First Period Starts On: (Calendar Months format only) Click the calendar icon to select a new starting month and year.

   • Number of Periods: (Custom format only) Enter a new total number of periods or use the + or - buttons to adjust the count.

   • Financial Year Name: Enter a new name for the financial year in the text box.

   • Period Table Details: Update individual period names, start dates, or end dates as permitted by the selected format.

8. Click Save.