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Given a scenario, determine if standard or custom fiscal years is appropriate.

Standard fiscal years have 4 quarters, 3 months per quarter; the administrator can configure the start or end month of a standard fiscal year.

Custom fiscal years allow fiscal quarters to be determined by week, instead of by month; custom fiscal years should only be used when standard fiscal years are inadequate.

Resources for this Objective

Resource
Priority
Type
Length
Author
Salesforce.com Fiscal Year Configuration ARVE Error: Mode: link-lightbox not available (ARVE Pro not active?), switching to normal mode
6m
CertifiedOnDemand.com
4-4-5 calendar
Short
Wikipedia.com

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