It's time to note the STYLE of Report Card you would like. Please keep in mind the Report Cards are not necessary for homeschooling students. This is completely optional and for your personal records. No one will be requesting your student's report cards.
Your options are...
Semester 1: August - December
Semester 2: January - May
You are simply breaking the school year into 2 halves.
You are free to dictate the months/time frame.
Quarter 1: August - October
Quarter 2: November - January
Quarter 3: February - April
* Optional 4th quarter if you school year-round* May - July
You are breaking the school year into 3 or 4 sections
Choose Annual if you wish to keep it simple and document grades only once yearly.