---
title: "Set up and maintain fiscal periods"
url: "https://help.altus.pro/de/article/set-up-and-maintain-fiscal-periods"
language: "de"
last_updated: "2026-05-28T05:02:01.111Z"
---

# Set up and maintain fiscal periods

**Fiscal Periods** define the financial reporting structure used across projects in Altus. They align budgets, forecasts, and actuals to defined time periods (e.g. monthly periods within a financial year).

Maintaining fiscal periods ensures consistent financial tracking, reporting accuracy, and governance across the organisation.

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## Important: Permissions Required

This task is available to users with **administrative access to Settings in Altus**.

-   If you do not see the required options, you may not have sufficient permissions
-   Contact your system administrator to request access or support

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## Accessing Fiscal Periods

1.  Navigate to **Settings**
2.  Locate the **Project Configuration** section
3.  Select **Fiscal Periods**

This view displays all fiscal periods, including:

-   Period Name
-   Period Start and Finish Dates
-   Locked Fiscal Period status

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## Creating Fiscal Periods

### Create Individual Fiscal Period

1.  Select **New**
2.  Enter required details:
3.  -   **Period Name** (e.g. FY 2025–26 Month 1)
    -   **Period Start Date**
    -   **Period Finish Date**
4.  Select **Save** or **Save & Close**

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### Bulk Create Fiscal Periods

Use **Bulk Create** to generate a full set of fiscal periods efficiently.

1.  Select **Bulk Create**
2.  Complete the required fields:

**Start Date**

-   Defines the first fiscal period start (e.g. 1 July for FY start)

**Period Duration**

-   Defines the length of each period (e.g. 1 Month, 1 Year)

**Number of Periods**

-   Defines how many periods to generate (e.g. 12 for monthly periods)

**Sequence Seed**

-   Defines the starting number for the sequence (e.g. 1 = Month 1)

**Name Template**

-   Defines how periods will be named
-   Supports tokens such as:
-   -   `{sequence}`
    -   `{start}`
    -   `{finish}`

1.  Select **Bulk Create**

This will automatically generate a structured set of fiscal periods.

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## Updating Fiscal Periods

To update an existing fiscal period:

1.  Select the **Fiscal Period**
2.  Update required fields as needed
3.  Select **Save** or **Save & Close**

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## Opening and Closing Fiscal Periods

Fiscal periods are controlled using the **Locked Fiscal Period** field.

### Closing a Fiscal Period (Locked = True)

-   Prevents further updates to financial data within the period
-   Ensures financial data is **finalised and protected**
-   Used after period-end reporting is complete

### Opening a Fiscal Period (Locked = False)

-   Allows updates to financial data
-   Used for corrections or adjustments

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## Important: Managing Period Continuity

Fiscal periods must form a **continuous, gap-free timeline**.

-   The system does **not support gaps between fiscal periods**
-   You **cannot delete a fiscal period** if it creates a break in the sequence
-   All periods must align sequentially (end date → next start date)

This ensures:

-   Accurate financial reporting
-   Consistent aggregation across time periods
-   Reliable system calculations

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## How Fiscal Periods Are Used

Fiscal periods are applied across:

-   **Budget planning**
-   **Cost tracking**
-   **Forecasting**

When entering financial data:

-   Values are assigned to a **fiscal period**
-   Reporting groups and aggregates data based on these periods

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## Key Considerations

-   Align fiscal periods with your organisation’s **financial calendar**
-   Ensure periods are **sequential with no overlaps or gaps**
-   Lock periods promptly after reporting to maintain integrity
-   Plan fiscal periods in advance for future reporting cycles

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## Tips

-   Use **Bulk Create** to quickly generate yearly structures
-   Apply consistent naming conventions (e.g. FY + Month)
-   Avoid deleting periods—adjust carefully to maintain continuity
-   Only reopen periods under controlled governance