Use Budget Report Period Create (25.4.5.1) to define report periods that are specific to budget reports. Budgets can have multiple versions, and you must associate each version record with a valid reporting period.

Report periods let you mark a specific time span for which you want to produce budget reports. Reporting periods are independent of GL periods and tax periods, and can span multiple GL periods across multiple entities.

Report periods can be equivalent to budget periods, or can vary.