Skip to main content

How is Fiscal Year Displayed in Goals?

Problem What is the fiscal year format shown in Goals? How is the fiscal year represented in Goals? Resolution Fiscal quarters will ...

A
Written by Adam Kroboth

Problem

  • What is the fiscal year format shown in Goals?

  • How is the fiscal year represented in Goals?

Resolution

Fiscal quarters will match the fiscal year in Goals.

When using fiscal years in Lattice, Goals will display the appropriate fiscal quarter based on the prescribed fiscal year terminology, for example, Q1 2023. Fiscal years are referenced by their end date or end year – not necessarily the current year.

When a fiscal year begins on any month besides January, the fiscal year will automatically be labeled to reflect the next year. For example, FY 2023 would use Q1 2023, Q2 2023, etc. to refer to quarters even though the current dates are in 2022.

The fiscal year does not impact companies using goal cycles because goals are tied to cycle dates, not fiscal year dates.

Did this answer your question?