Define Weekends & Fiscal Periods
Important note! Only ONE SET of Fiscal Periods can be saved at a time. Your whole business organization must choose between Fiscal Quarters and Fiscal Periods, both cannot exist for the same organization.
Go to Settings > Fiscal Period Setup
Define Weekends
First, define weekends vs weekdays. Some restaurants view Friday-Sunday as the entire ‘Weekend,’ some only Saturday/Sunday. Define how weekends and weekdays apply to your business within Avero so reporting matches scheduling.
Select when a weekend starts and ends for your restaurant. The entire day will be included so a weekend can’t be Friday after 5pm through Sunday at 3pm but can be Friday through Sunday.
Then Save.
Set Up Fiscal Periods
1. For Fiscal Periods, such as those used by your accounting department, you can select a standard format from the drop-down menu or create custom periods:
2. Define the start date for your fiscal year and define year end:
3. Save
Create Custom Periods
If you select custom periods, a pop up will allow you to define the start and end of each period:
- First, use the Add and Remove buttons to ensure you have the correct number of rows. For example, if entering fiscal months, make sure there are 12 rows.
- Use the calendar tool to define a start date and end date for each period
- Save
Warning: Add/Remove periods to the correct number FIRST, adding or removing periods will clear any dates already input.