Adding Time Sets

Once configuration is complete, you can add time sets by following the steps below.

1. Navigate to Maintenance > Templates > Template Setup.

2. Under the More list-box, select Define Time Sets.

3. On the Define Time Sets page, click the Add button.

4. On the Add Time Sets page, enter a code and name to identify the time set.

5. Select the number of years in which the time set will apply.

6. Then select Month, Quarter or Year for period frequency, which determines the finance mode template column structure for allowed budget input periods.

For example, let’s say you have 6 Budget input years. The template is defined with the following time set definition:

Year 1 - Month = 12 periods

Year 2 - Year = 1 period

Year 3 - Quarter = 4 periods

Year 4 - Quarter = 4 period

Year 5 - Year = 1 period

Year 6 - Year = 1 period

The template will have 23 Budget input periods (assuming 12 month periods in a fiscal year). Or you can have the template defined for any number of years such as 1, 2 or 4 and up to 6 fiscal years with any granularity (Month/Quarter/Year) for budget data input.