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A Financial Period is a record that defines an accounting date range you want to close out, such as a calendar month, quarter, or fiscal year. Creating one is the first step before you fetch and lock the financial data that falls inside that range. fusionCore does not post journal entries or create debit and credit transactions. A Financial Period organizes and locks the supporting financial data for a timeframe so your general ledger system can import it. It does not replace your accounting system.

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Prerequisites

  • You can access the Financial Periods object.
  • You know the start and end dates of the accounting period you want to create.

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Creating a Financial Period Record

1

Open the Financial Periods list

Click the App Launcher, then search for Financial Periods.
App Launcher search for Financial Periods
2

Start a new record

In the top-right corner, click New.
New button on the Financial Periods list view

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3

Enter the period details

Fill out the fields for the new Financial Period. Both Start Date (Start_Date__c) and End Date (End_Date__c) are required. Status (Status__c) defaults to Open.For example, to close out a single month, set Start Date to 5/1/2025 and End Date to 5/31/2025.
4

Save

Click Save.
New Financial Period record with start and end dates filled in
After you save, the period starts in Open status. From here you fetch the financial data into the period and then lock it:

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Status and Batch Job Fields

You can view and edit the period’s status on the record detail page:
  • Status (Status__c) is either Open or Closed. The Fetch and Lock actions both run only while the period is Open. The period flips to Closed automatically when a Lock finishes successfully.
  • Batch Job Status (Batch_Job_Status__c) tracks the background job that powers Fetch and Lock. Its values are Processing Fetch, Completed Fetch, Fetch Error, Processing Lock, Completed Lock, and Lock Error.
  • Batch Job Error Message (Batch_Job_Error_Message__c) shows the detail of any failure. If a Fetch or Lock job hits an error, check this field for the cause.

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Limitations and Common Pitfalls

  • Start Date must not be after End Date. Salesforce rejects a period whose Start_Date__c is later than its End_Date__c.
  • Open periods cannot overlap. You cannot save an Open period whose dates overlap another Open period. The error reads “Provided dates are overlapping with other Open Financial Period.” Close or adjust the existing period first.
  • A closed period is locked down at the field level. Once Status__c is Closed, you cannot edit the Start Date, End Date, or Status fields. The error reads “Cannot edit Closed Financial Period.” There is no built-in action to reopen a closed period.