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You can define Time Periods to organize billing periods in which timekeepers enter records for the Time Entry Tool. There are two sections from which you can create a Time Period. You can use the Create Next Fiscal Budget tool (found in the end-user interface in TeamConnect) to create Billing Time Periods that match corresponding budgets (for example, yearly periods), or you can define independent Time Periods from the Time Entry Settings area (for example, on a daily, weekly, or monthly basis).

Time Entry Settigns, Time Periods Tab

Time Entry Settigns, Time Periods Tab

You can create Time Periods to match corresponding budgets (using the Fiscal Year tool), or you can create autonomous time periods using the date fields in the Time Entry Settings. For more details, see Default Settings.