Ternary now supports municipal fiscal calendars, expanding beyond traditional 4-4-5 structures to better serve public sector organizations.

Previously, the platform offered fixed fiscal patterns commonly used by retail and financial services organizations. In response to feedback from our SLED (state and local government and education) customers, we’ve introduced a more flexible, date-driven fiscal year option.

What’s new

• Fixed start date. Fiscal years can now begin on a specific calendar date (for example, July 1 of each year).
• Calendar-aligned months. Fiscal months now follow standard calendar months, preserving their natural lengths of 28 to 31 days.
• Standard weekly grouping. Weeks are grouped using the standard Sunday through Saturday format. Fiscal weeks are no longer required as a core reporting dimension.

Why it matters

This enhancement allows government and municipal users to configure fiscal calendars that reflect their actual reporting practices, supporting greater financial reporting accuracy.