1. Go to Admin > System Initialization > Posting Period > New Period
2. Fill in all the fields for the Posting Period
3. Click add, and the new posting period will be shown in the list.
Here's also a detailed video how to add the posting period:
https://www.youtube.com/watch?v=ObnYWyOyc3o&list=PLbapX-X5cTLHq7sLQxMSlRIppP8vyg5VM&index=2
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