4-4-5 Accounting Period

The 4-4-5 accounting period setup generates 12 new periods starting from the Period 1 Start Date for Start Fiscal Year. Each period length varies, but the periods are structured in a 4 week/4 week/5 week repeating pattern.

The 4-4-5 grid contains the following fields:

• Accounting Period: Displays the fiscal year and period.

• Start Date and End Date: Corresponds to the period, based on portfolio settings for 4-4-5, 4-5-4, or 5-4-4 configuration.

• Amount: Calculated based on the number of periods (12).

• Cash Amount: Based on when the planned payment falls within the Start/End date range.

• Currency: Describes type of currency (i.e., USD).