Create new monthly periods in a 2015 fiscal year for the USMF Company.

1.Click the right arrow next to USMF.
2.Click General ledger.
3.In Setup, click  Fiscal calendars.
4.Click the New fiscal calendar button.
5.In the Calendar field, type "FS-2015".
6.Click the Description field.
7.Type "Fiscal Year 2015".
8.Click the Start of fiscal year field.
9.Enter "7/1/2014".
10.Click the End of fiscal year field.
11.Enter "6/30/2015".
12.Click the Fiscal year name field.
13.Type "2015".
14.Make sure that the value of the Length of period field is 1.
15.Make sure that the value of the Unit field is Months.
16.Click the Create button to create the year.
17.Click Close to close the  Fiscal calendars form.
18.The Practice has been completed.