Yes. The ‘non-calendar fiscal year’ can either correspond to calendar months or to non-calendar months.
In the case of non-calendar months as the posting periods, you need to specify the start and end date of these posting periods. Consider a fiscal year starting on April 16th, 2005 and ending on April 15th, 2006. Here, the posting period-1 starts on April 16th and ends on May 15th and so on. Note that the posting period-9 will have 2 displacements (0 and −1) as indicated below in the Table:
Posting Period | Start Date | End Date | Year | Year Displacement |
1 | 16-Apr | 15-May | 2005 | 0 |
2 | 16-May | 15-Jun | 2005 | 0 |
3 | 16-Jun | 15-Jul | 2005 | 0 |
4 | 16-Jul | 15-Aug | 2005 | 0 |
5 | 16-Aug | 15-Sep | 2005 | 0 |
6 | 16-Sep | 15-Oct | 2005 | 0 |
7 | 16-Oct | 15-Nov | 2005 | 0 |
8 | 16-Nov | 15-Dec | 2005 | 0 |
9 | 16-Dec | 31-Dec | 2005 | 0 |
10 | 1-Jan | 15-Jan | 2006 | -1 |
11 | 16-Feb | 15-Mar | 2006 | -1 |
12 | 16-Mar | 15-Apr | 2006 | -1 |
As a result, a posting made on December 27th, 2005, as well as the posting made on January 14th, 2006 are correctly identified as postings corresponding to period-9.