# Create Reporting Period

A reporting period represents a period that you use to schedule budgets in your organization. For example, financial year, calendar year, quarters, or any custom period. 

Each reporting period is treated as an overall budget for all Custom Groups. Therefore, it carries information like Budget Amount and Budget Owner.

## Create a reporting period

To create a reporting period:

1. Navigate to **Cloud tools** > **Budgets**.
2. On the **Budgets - Custom Groups** page, select **Add Reporting Period**.

<figure><img src="https://content.gitbook.com/content/Z5DNbniz33mXCZoO62Rm/blobs/ExLR4I7RsiXzyMzF2Vdc/image.png" alt="" width="563"><figcaption><p>Add Reporting Period</p></figcaption></figure>

3. Provide a name for the reporting period.
4. Choose an end date for the reporting period.
5. Enter the email address of the person who owns the budget and will receive utilization notifications.
6. Select a currency that will be applied to every Custom Group budget.
7. Enter the budget amount.
8. Select  **Save**. Your reporting period is created, and a confirmation message is displayed.&#x20;