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Agenda
Are you preparing to change your fiscal year in SX.e or CSD? It’s not just flipping a switch!
Common Fiscal Year Definitions:
- Calendar Year (January 1 – December 31): the most common fiscal year structure
- Non-Calendar Fiscal Year: begins on the first day of any month other than January
- 4-4-5 Calendar: divides the year into 13-week quarters, each containing two 4-week months and one 5-week month
NSA regularly assists companies that need to change their fiscal year, for any number of reasons, including:
- Mergers and acquisitions
- Consolidating companies
- Aligning with business or industry cycles
- Parent company requirements
- Tax implications
These may be planned well into the future or with little to no notice.
Before you start to change setups in SX.e or CSD, potentially corrupting data, there are important points to consider. In this short webinar, we’ll go over a few of these and a brief Q&A.
KEY TAKEAWAYS - YOU WILL LEARN:
- Understand Your Fiscal Year Options – Gain clarity on different fiscal year structures, including Calendar Year, Non-Calendar Fiscal Year, and 4-4-5 Calendar, and how each impacts financial reporting.
- Know the Triggers for Change – Learn common business scenarios driving fiscal year changes—such as mergers, consolidations, industry cycle alignment, and tax requirements.
- Avoid Costly Mistakes – Discover key considerations and safeguards to prevent data corruption when changing fiscal year setups in SX.e or CSD.
PRESENTER
kathy lundquist
Vice President of Professional Services, NSA
For over 25 years, Kathy has managed implementations and upgrades for a wide variety of companies. Her primary focus is helping businesses leverage ERP system knowledge for Mergers & Acquisitions: Public, Private Equity, and Family O&O. She works extensively with Accounting and Finance teams in the areas of Organizational Structure, Audit Compliance, Separation of Duties, Training and Best Practices. Prior to joining NSA, Kathy was Adjunct Professor for Cornell University – Industrial Labor Relations ILR.