Discussions
Join us for complimentary one-day events around the world and step into a future fueled by AI and limitless potential. Explore new breakthroughs, sharpen your skills, and connect with experts who are shaping what’s next. Experience bold keynotes, interactive learning, and connections that span the global NetSuite community. Discover what's next at SuiteConnect Tour 2026.
NetSuite QuickStart Edition Guide to Accounting Periods
An Accounting Period represents a defined timeframe for executing and analyzing accounting functions. In NetSuite QuickStart Edition, users can establish fiscal years, quarters, months, and custom periods, such as weeks. Generally, organizations utilize a combination of fiscal years, quarters, and months for financial reporting purposes.
Under Accounting Settings > Select Accounting Periods > Click Create Accounting Period.
Fiscal Year - Custom fiscal year with no specified quarters or periods.
Fiscal Quarter - A fiscal year is conventionally comprised of four quarters; however, it can be customized to reflect a different structure, such as two quarters.
Fiscal Period - A fiscal period is typically based on a month, though it can be customized to span more or fewer than 30 days, including week-based or adjustment periods.
Trixie Amora-Oracle|Ask A Guru?️
Learn how to Refer A Member|Earn the Answer Accepter Badge|Be the Content Creator of the Quarter|Vote for the content you want to see!
Expand your NetSuite knowledge by joining this month's Ask A Guru Live aboutSuiteBuilder. RSVP on this event now!