12 months versus 13-period

Summary

Which impact will the 13th period have?

Content

Hello,

creating an FCCS application you have the option to select the number of months to include in the year. The system provides 12 or 13 months. The 13th period is interesting for our client for review purposes but only for the Actual scenario.

Which impact will the 13th period have? From which period of the previous year will be the openings (in the movement table) copied? Do I have to use the 13th period for my financial closing for each Scenario and if not how I can control that? Is the principal of that 13th period maybe the same like in Hyperion Tax Provisioning?