Editing and Deleting Tax Periods
Editing Tax Periods
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On any tax period page, you can edit the Period Name, Start Date, End Date, and Sub-period of fields. The Edit Tax Period page provides an activity history of changes made to the period name and dates.
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For closed tax periods, you can edit the Period Name field, Sub-period of field, and Is Posting box. You cannot edit the dates.
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You can change a period from posting to non-posting only if the period does not have transactions associated with it.
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You can change a period from non-posting to posting only if the period does not have sub-periods.
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You cannot make months (base) periods non-posting because months (base) periods can only be posting. They do not have the Is Posting box.
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If you are using the Multiple Calendars feature, you can edit the Fiscal Calendar field of a tax period record.
Deleting a Closed Tax Period
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You can delete a closed period only if it has no transactions.
Deleting a Tax Base Period
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You can delete a base period only if the period is open and has no transactions.
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If you are using the Multiple Calendars feature, deleting a base period deletes it from all fiscal calendars.
Deleting a Tax Quarter
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Without the Multiple Calendars feature enabled, you can delete a quarter only if it does not have any sub-periods, or if its base periods do not have any transactions. Deleting a quarter also deletes the base periods attached to it.
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If you are using the Multiple Calendars feature, deleting a quarter reassigns its base periods to the parent year.
Deleting a Tax Year
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Without the Multiple Calendars feature enabled, you can delete a year if there is no transaction posting to this period. Deleting a year will also delete all periods under it.
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If you are using the Multiple Calendars feature, you cannot delete a year if there are sub-periods under it, even if there is no transaction posting to this period.