Def - Fiscal Calendar

The Fiscal Calendar is a view that shows each Fiscal Period for a Fiscal Year, the starting and ending dates for each period, and a flag to indicate if the Fiscal Period is open of closed for posting. If a Fiscal Period is open, transactions with a GL Date that falls within the Fiscal Periods date range can be posted to the General Ledger.  If a Fiscal Period is closed, transactions with a GL Date that falls within the Fiscal Periods date range can still be entered but they cannot be saved with a Status of 'Approved' or Ready to Post'. In addition, a Fiscal Period may have some series closed and some open. For example, a Period may be closed for Sales but the Financial series may still be open so that month-end journal can still be made.