Create a Field to Display the Parent Posting Period of a Transaction

The user needs to create a custom field that will display the parent posting period of posting transactions. This objective can be achieved by following the steps below:

1. Navigate to Customization > Lists, Records, & Fields > Transaction Body Fields > New.
2. Enter a Label for the field.
3. Set the Type to Date.
4. Uncheck Store Value.
5. Click the Applies To tab and check Sale.
6. Click Display tab and set Subtab to Main.
7. Click Validation & Defaulting tab and mark Formula and enter {accountingperiod.parent} in the Default Value field. 
8. Click Save.