Hello Shyam:
I am still not clear. I am giving you an example to let you know my confusion.
I have a fund master OPEX with validity date 01.01.1900 to 31.12.9999.
I have created a budget period QUARTER_1 with validity 01.01.2014 TO 31.03.2014. Now if i am creating a budget period with this validity then it means when we will be in 2015 then again for 2015 i will need to create a new budget period for quarter with validity 01.01.2015 to 31.03.2015. Am i right in my understanding ? One more thing after activating budget period , it should appear as a selection screen in all FM reports like Fund , fund center but it is not appearing, do i need to rely on period inclusions in FM report painter ?
Thanks