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