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FISCAL Time Periods

Question asked by Tammi Champion on Jan 25, 2011
Latest reply on Feb 11, 2015 by navzjoshi00
Good Afternoon Everyone,

What are the best practices for closing fiscal time periods. We are rolling out Portfolio Management and I have 2010 fiscal time periods active for annual, quarterly and monthly. When is it safe to make these periods inactive. I have a Portfolio that ends in 2015 and wondered why would we have fiscal periods open in the past.