Salesforce Certified Platform Administrator free question 1 / 10 · Domain 1: Configuration and Setup
A company splits its quarters into 4-4-5 week patterns, and an administrator is about to enable custom fiscal years. Which fact about enabling the feature matches the considerations in Salesforce Help?
- You cannot turn the feature off once it is enabled; to return to calendar periods, you define custom fiscal years with the same structure
- After you enable it, you can no longer name fiscal periods with your own labels such as P2, and periods are shown with month names
- Once you define a fiscal year from a template, later fiscal years are created in the same structure, so you do not need to define each year yourself
- After you define the first custom fiscal year, the forecasts and adjustments that already exist for that year are kept as they are
Show the answer and explanation
Answer: A
Why this is correct
The Help article "Considerations for Enabling Custom Fiscal Years" states that once you enable custom fiscal years, you cannot disable the feature itself. It also tells you how to get back to standard periods: you define custom fiscal years with the same Gregorian calendar structure as the Salesforce standard fiscal year. Because enabling reaches forecasts, reports, and quotas, the decision has to be made knowing it cannot be undone.
Why the other options are wrong
"Once you define a fiscal year from a template, later fiscal years are created in the same structure, so you do not need to define each year yourself" … The considerations say fiscal year definitions are not created automatically, and you must define a custom fiscal year for each year in which you do business. A template is a shortcut for setting up a structure such as 4-4-5 or 13 periods. It does not generate next year for you.
"After you define the first custom fiscal year, the forecasts and adjustments that already exist for that year are kept as they are" … Defining the first custom fiscal year deletes existing forecasts, forecast history, and adjustments from the first period of that year onward. Only forecasts for periods before the first custom fiscal year survive.
"After you enable it, you can no longer name fiscal periods with your own labels such as P2, and periods are shown with month names" … Custom fiscal periods can be named by your own convention, and the article gives P2 and February as examples. They are not locked to month names.
Key point
The standard fiscal year follows the Gregorian calendar and can start on the first day of any month. Use custom fiscal years when you need a structure that differs from the calendar, such as 4-4-5, 13 periods, or three-quarter years. Before enabling, check three things: it cannot be turned off, you define each year, and you know which forecasts will be deleted. Once enabled, the fiscal period field is not available in opportunity reports and is not added to opportunity list views.