An administrator at Apex Global Logistics is reviewing organization settings on the Company Information page and evaluating a request to transition from a Standard Fiscal Year to a Custom Fiscal Year structure. Which two impacts should the administrator communicate to executive stakeholders prior to enabling a Custom Fiscal Year? (Select 2 options)
- Enabling a Custom Fiscal Year is an irreversible setting that cannot be disabled or reverted back to a Standard Fiscal Year.Answer
- Standard Opportunity forecasting and standard fiscal reports are impacted upon activating a Custom Fiscal Year.Answer
- CCustom Fiscal Years can be temporarily suspended to allow temporary switching back to a standard calendar year during annual audits.
- DEnabling a Custom Fiscal Year automatically revokes all user permissions related to managing company currency settings.
Answer
The administrator must communicate that enabling a Custom Fiscal Year is completely irreversible and that it directly affects standard Opportunity forecasting, quotas, and fiscal reporting periods.
Enabling Custom Fiscal Years in Salesforce is a permanent, irreversible change that affects existing standard forecasting, quota tracking, and standard fiscal reports. Administrators must ensure all stakeholders understand these permanent impacts before proceeding.
Step-by-Step Solution
Key Concept
Custom Fiscal Year Activation Constraints and Features Impact