Periods

• Period change
• Change of reporting year -checklist
• Common maintenance functions for time periods (Budget, Forecast, LRP)
• Budget
• Forecast
• Long Range Plan (LRP)
• Actual
• Distribution keys
• Entry process overview

The system administrator manages time periods; actual, forecast, budget and long range plan (LRP). In the Period section, the System Admin maintains periods; change the reporting month, follow-up and budget year.

The forecast and the LRP differ from the budget. Forecast and LRP is treated as a group, whereas budget is annual. For example, if forecast version is defined for use, it becomes available for all forecast years at the same time, but each budget year has its own versions.

Periods’ version management, creation, data modification, and removal of entry locks are done for all periods on the same principle. An additional option in forecast version management, is the possibility to define how the actual data is handled in forecast reports.