In some types of financial years, an additional 53rd week is required to align reporting periods correctly.
This adjustment ensures that financial data remains accurate and consistent, especially for organisations working on weekly cycles.
⚠️ Warning: The 53rd week must be added before the financial period ends.
To add a 53rd week to a financial period:
In the Finance area, click Payment Processing Settings.
Click the green padlock to unlock the screen.
In the Next Financial Year Start field, select a date seven weeks later than the date currently shown.
Click Save to apply the change.
⚠️ Warning: If you need to change the period start or end dates before the 53rd week begins, it will need to be handled by support.
If the period has already started, your request can be reviewed and escalated to our development team if necessary.
Changes made by the development team take longer to complete, so please factor this into your planning and timelines.