Using a 4-4-5 Calendar to Manage Accounting Periods

A 4-4-5 calendar divides the year into four quarters, each with 13 weeks. Each quarter is divided into two four week months and one five week month. The division can occur in any order, hence the 4-4-5, 4-5-4, and 5-4-4 accounting periods.

Period 4-4-5 - Select this option if you want to use the 4-4-5 calendar to manage accounting periods, with two four week months followed by one five week month.
Period 4-5-4 - Select this option if you want to use the 4-4-5 calendar to manage accounting periods, with a four week month followed by a five week month and then another four week month.
Period 5-4-4 - Select this option if you want to use the 4-4-5 calendar to manage accounting periods, with a five week month followed by two four week months.