In GL we can define 2 type of calendars. One is Calendar (normal Calendar)and another Fiscal calendar. Normal calendar uses the year in which an accounting period begin for the system name ....
The most standard period types are :
1. Month
2. Quarter
3. Year
We use these period types when we define the accounting calendar for our organization.
Veeranjaneyulu
Apr 6th, 2016
1 Monthly
2 Quatarly
3 Half yearly
4 Yearly
5 Weekly
6 Daily
But someone give that answers that one related to period status like open, close, never open etc.