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A period groups sales files and costs for a royalty calculation and the resulting statements. Qlero names it from the year and interval, such as 2026Q1.
Viewing periods requires view access to Periods & Statements; creating and editing them also requires write access. If you don’t see Periods or Create New, ask your administrator. See User access and roles.
Multiple accounting period types and multiple currencies are available on Pro and Enterprise plans.

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Fields

Fields marked with Required must be provided when creating a new .
Period type. Monthly, Quarterly, Half-yearly, or Yearly. Uses your record company’s setting, or shows a choice when multiple types are enabled. Only active contracts with the matching accounting period type are included. See Running multiple accounting cycles side by side for coordinating different types. Year Required The calendar year being reported. Month, Quarter, or Half-year Required The interval within the year, for non-yearly periods. Yearly periods use the whole year. You can’t create a second period for the same year and interval. Period start date and Period end date. Set automatically from the year and interval. Choose files by the income you want to report, even when their sales dates fall outside these dates. Sales Files and Costs. The inputs you select for calculation. Target Period is a filter to help you find files and costs, not an automatic assignment. Exchange Rates. Currency conversions needed for the period calculation, including conversion into payees’ reporting currencies. Shown when multiple currencies are enabled. Notes. Internal notes.

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Overview and statuses

Overview amounts use your record company’s reporting currency. Net Sales, Gross Sales, and Costs. Amounts still available to report in the included files and costs when calculation starts. Their (Reported) figures show the portions reported in this run. Royalty and Cost Allocation. The royalties earned and costs allocated to contracts. The sales Net Label Share is reported net sales minus royalties. The costs Net Label Share is reported costs minus the amount allocated. Payable Balance. The total of positive payee closing balances from the calculation. Unreported Sales and Unreported Costs. Amounts held in suspense. The Unreported tab explains why they weren’t calculated. Period run. The calculation version. Last processed and Last calculation time show when the period was last calculated and how long it took. The Advanced period workflow separates publication from closing. Simplified publishes when the period closes.

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Next steps

Follow The period lifecycle from review through publication and closing. Read the Statement glossary to understand the resulting balances.