To configure the fiscal year in Dynamics 365 Finance to a 4-4-5 quarterly configuration, you need to set up the periods so that they reflect the correct structure of the fiscal year. The 4-4-5 configuration means that each quarter is divided into three periods: the first two periods are 4 weeks long, and the third period is 5 weeks long.
The correct approach involves setting up the fiscal year with 13 periods, each representing one of these weeks-based periods.
Therefore, the correct answer is:
D. Set up the length of the period to 13 months.
Here's why:
Set up the length of the period to 13 months: In a 4-4-5 accounting calendar, each fiscal year is divided into 13 periods. This setup allows you to structure your financial periods to reflect the 4-4-5 weeks within each quarter. Each period would correspond to either a 4-week or a 5-week interval, ensuring accurate reporting and period closure based on the 4-4-5 structure.
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