You will want to update periods if you are not using months as your financial periods and you are running reconciliation reports within Bank Rec.
Otherwise, do not change periods - you're all set.
Not sure? Please contact us before updating Periods.
Adding/Changing Periods
Changes to the Period table are permanent--and incorrect changes can render the account useless. Make a backup prior to modifying your Periods.
Rule #1 - Golden Rule
Never change (or delete) the periods of an account that has data in it.
