What is Fiscal year in Salesforce?

A fiscal year or financial year is a period of time used to calculate annual (yearly) financial statements in businesses and other organizations. The system administrator can set the fiscal year for your organization. The fiscal year settings are used to report on the fiscal year timeline.

Salesforce supports two types of fiscal years:

Standard fiscal year
Custom fiscal year

• This reply was modified 6 years, 2 months ago by  Forcetalks.