Cost Plan - Updating Fiscal period end

[aymericb]

Hello,

I have a question about good practices.

I created a Project during 2018, and declare Cost Plans for it. When i created Cost Plans i filled fiscal period start/end on the current fiscal year FY18-M01 to FY18-M12.

Now we are at the end of 2018 and i would like to extend my Cost Plans to 2019 by setting fiscal end period to FY19-M12.

By doing that, the system create new lines for FY19-M01 to FY19-M12 in Cost Plan Breakdowns => OK

But the system do also a recalculation of the cost column on all lines in the Cost Plan Breakdowns, even the lines relative to the closed fiscal periods. So i loose informations previously set for FY18 => it's annoying 😞

On Jakarta (our current release), lines for closed periods are read only for cost column. I see on Kingston that we can modify cost even for line on closed periods. Whatever, i don't want to edit each breakdowns lines each time i update the fiscal end period of the Cost Plan.

So it seems to me that the best solution is to avoid modification of the fiscal end period of the Cost Plans, and prefer to create new Cost Plans each new year.

How do you do on your side for projects with a end date not really known and which must be extended each year ?

Maybe i have to specify that we use projects only for the financial part.

Regards.

[Jim Federline]

Since this was 5 months ago, did you ever figure out a reasonable solution? I'm curious about this, too.

[aymericb]

Our way to manage Cost Plan is:

We create new Cost Plans for each fiscal year, and don't change fiscal period of existing Cost Plans.

Cost plans are created for only one fiscal year, and if it is appropriate Cost plan can be planned for a only some months (not 12 months).

[chrisn_]

Hello aymericb,

Did you have them select a year, or do they still choose fiscal periods or both?

[aymericb]

Hello Chrisn,

We use standard fiscal calendar, fiscal periods used are month: