Set up a day-based fiscal calendar (India)
This article explains how to create a day-based fiscal calendar for one fiscal year. Before you complete this task, set Companies Act depreciation to Yes on the Fixed assets parameters page to create a day-based calendar. The demo data company used to create this procedure is INMF.
- Go to General ledger > Ledger setup > Fiscal calendars.
- Select New calendar.
- In the Calendar field, enter the name of the calendar.
- In the Description field, enter a brief description of the calendar.
- In the Calendar type field, select an option.
- Select Create.