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Explore how the 4-4-5 calendar can streamline financial processes, improve budget accuracy, and simplify fiscal period comparisons. While offering significant benefits, it also introduces challenges,. The 445 calendar is a method of telling accounting periods, and is a common calendar structure for some industries such as retail and manufacturing. It divides a year into four quarters of 13 weeks,. When 4-4-5 accounting functionality is enabled, RevRec closes the accounting period with a defined fiscal period-end instead of the Gregorian calendar month-end. Making the switch to a 4-4-5 accounting period can be one of the most advantageous moves you can make for your business. It allows for more accurate comparison, better management.