Periods menu option is used to record period definitions which will be used in cost distribution and cost assignment transactions. Periods must be defined and specified to record budgets. Periods option is located under the System Settings module > Definitions > Trading System menu.
Code: The period record code. The Code field is mandatory.
Description: The name or the description of the period.
Period Info
Start Date: The period start date.
End Date: The period end date.
Sub Period Range: Indicates the number and periods of child period range. The number of child periods is calculated and transferred into the child period field according to the number entered and period selected here.
Number of Sub Periods: Indicates the sub period number of the period. It is calculated by the application according to the specified start/end dates and sub period range.
Period definitions are used in cost assignment and cost distribution transactions. Period definitions are accessed and the related period is selected during these transactions. Information of the child period specified in the period definition is accessed during the transaction, and the child period to which the costs will be assigned or distributed is specified.