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Full Fiscal Year entry
How-to guide

Configure Fiscal Year

Setting Fiscal Year is a one-time configuration for most orgs. The steps below cover the safe approach for initial setup and the rare mid-life change.

By Dipojjal Chakrabarti · Founder & Editor, Salesforce DictionaryLast updated May 19, 2026

Setting Fiscal Year is a one-time configuration for most orgs. The steps below cover the safe approach for initial setup and the rare mid-life change.

  1. Confirm business requirement

    Work with finance to confirm the fiscal year structure. Standard handles 95% of B2B SaaS; Custom is needed for retail, manufacturing, or non-standard calendars.

  2. Open Fiscal Year Setup

    Setup > Company Settings > Fiscal Year. The page shows the current configuration.

  3. Pick Standard with a start month

    Select Standard Fiscal Year, choose the start month (January for calendar year; February for many B2B SaaS; April for many UK companies; July for many APAC companies).

  4. Or pick Custom and define structure

    Select Custom Fiscal Year, pick a preset (4-4-5, 4-5-4, 13 periods) or define week-by-week. Define the upcoming fiscal year boundaries.

  5. Save and confirm

    Save. The platform prompts to confirm; the change is broad. After confirmation, period assignments recompute across all records.

  6. Audit reports and forecasts

    Rebuild any reports grouped by fiscal period. Re-run forecasts to refresh against the new structure. Confirm Opportunity period fields show expected values.

  7. Define future fiscal years (Custom only)

    For Custom, define the next 2-3 fiscal years immediately so future-dated Opportunities save without errors.

Key options
Standard Fiscal Yearremember

Default. Calendar quarters with configurable start month.

Custom Fiscal Yearremember

Non-standard structure for retail, manufacturing, or unique calendars.

Start Monthremember

Configurable for Standard. The month the fiscal year begins.

Fiscal Year naming conventionremember

Whether FY2026 starts in 2025 or 2026 (start-year vs end-year).

Custom period templatesremember

Preset 4-4-5, 4-5-4, 5-4-4, or 13 four-week period structures for Custom.

Gotchas
  • Custom Fiscal Year is one-way without a Salesforce support case. Confirm long-term need before enabling.
  • Changing fiscal configuration recomputes every Opportunity period assignment. Historical reports shift numbers.
  • Custom Fiscal Year requires future years to be defined in advance. Missing definitions cause save errors on future-dated records.
  • Some Forecasting features and reports have limited support under Custom. Audit dependencies before switching.
  • Fiscal Year change is org-wide. Cannot be set per business unit; multi-business-unit orgs typically pick one calendar and adapt.

See the full Fiscal Year entry

Fiscal Year includes the definition, worked example, deep dive, related terms, and a quiz.