3 Periods
From TrueERP wiki
Periods
How do you define over what time the budget is for?
When defining a budget there are three time related peices of information that are critical to getting the information you want. They are the Start Date, the Periods and the Interval.
Defining the time aspects of a budget
Start Date - the start date is the earliest date for which transactions will be included in the budget. eg. If I want to define a budget for the 2010 financial year my start date would be 1 July 2009 Periods - periods are the frequency of reporting. If I want to monitor my budget monthly I would therefore have 12 periods over the course of the year Interval - where the period is a measure of frequency, the Interval is the length of time within a period. In this example my interval would be Monthly.
The budget definition screen will calculate from the above information what the end date will be. This is your check that you have entered the correct data - if not the end date will not be as you expect.
How to define time aspects of a budget
Select Budget tab Select Budget Definition button Enter a Name Enter a Description Enter the Start Date Enter the Periods Enter the Interval - check the end date is correct
You can also define which Department/s<LinkId=1128> or cost centres should be included in the budget
