---
schema_version: "1"
id: 65761c8126747d5d375e16b75ca5a4653e28e598c7fed2cdc6891ef9b0b93d8c
title: Create Accounting Periods
collection: admin
version: current
locale: en-us
portal_url: https://docs.salesforce.com/admin/current/en-us/ind/264-0-0/billing_accounting_periods_create.md
canonical_url: https://help.salesforce.com/s/articleView?id=ind.billing_accounting_periods_create.htm&release=264.0.0&type=5
source_site: help.salesforce.com
content_type: documentation
content_hash: 557e9661328c6b7325aad691ca63f046330ebfa7cdf1f8914419b9551c913355
description: Create accounting periods to organize and store financial information for specific time frames. For example, if your company tracks performance quarterly, define quarterly accounting periods.
products:
  - Revenue Cloud
release: "264"
---
# Create Accounting Periods

Create accounting periods to organize and store financial information for specific time frames. For example, if your company tracks performance quarterly, define quarterly accounting periods.

### Required Editions

<table class="slds-table slds-table_bordered slds-max-medium-table_stacked slds-m-bottom_small edition"><colgroup><col></colgroup><tbody><tr class=""><td class="slds-cell-wrap" style="vertical-align:top;">Available in: Lightning Experience</td></tr><tr class=""><td class="slds-cell-wrap" style="vertical-align:top;">Available in: <strong>Enterprise</strong>, <strong>Unlimited</strong>, and <strong>Developer</strong> Editions with <a href="https://help.salesforce.com/s/articleView?id=ind.revenue_licenses_areas_and_features.htm&amp;release=264.0.0&amp;type=5">the Revenue Cloud Advanced license or the Revenue Cloud Billing license</a></td></tr></tbody></table>

<table class="slds-table slds-table_bordered slds-max-medium-table_stacked slds-m-bottom_small permission">
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            <th scope="colgroup" class="slds-cell-wrap" colspan="2" style="text-align:center;vertical-align:top;" id="d98529e72">User Permissions Needed</th>
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            <td data-label="User Permissions Needed" class="slds-cell-wrap" style="vertical-align:top;" headers="d98529e72 ">To create accounting periods:</td>

            <td class="slds-cell-wrap" style="vertical-align:top;" headers="d98529e72 ">Accounts Receivables Admin permission set</td>

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Accounting periods can be created for a month for internal reporting, and consolidated for a quarter, a half-year, or a year for external reporting.

1. From the App Launcher, find and select **Accounting Periods**.
2. Click **New**.
3. Specify a start date and an end date for the accounting period.
    
    You can't create accounting periods that are longer than a year, or with start and end dates of an existing accounting period.
4. Specify the financial period in which the accounting period falls.
    
    For example, if the accounting period is for the fiscal year of 2027, enter FY 2027.
5. Select **Open** as the Status.
    
    When you create accounting periods, the status can only be set to Open.
6. Save your work.

The name of the accounting period is automatically generated, combining the specified financial year, start date, and end date.

![Note](https://sf-zdocs-cdn-prod.zoominsoftware.com/tdta-ind-revenue-264-0-0-production-enus/91ca99c6-d5c8-4986-b961-c6b7801e0d0d/images/icon_note.png)

Note You can't edit or delete accounting periods that have related legal entity accounting periods.