What is the period selection for the completion month called?

The term used for the period selection for the completion month is known as "Lock Leading Month Through." This designation is important in adaptive planning as it indicates the point up to which data or planning elements may be locked for further adjustments or inputs. By defining this period, planners ensure that certain months are finalized, which helps maintain the integrity of financial reports and forecasts. It allows users to control the flow of time within the planning process, thereby ensuring that subsequent adjustments or inputs do not affect the locked months.

The concept of locking the leading month is essential in various planning scenarios, including budgeting and forecasting, as it helps organizations avoid unintentional changes in established data. This ensures that once a month is locked, it reflects a commitment to the numbers as determined during the planning cycle.

Understanding this term and its application in the planning process is critical for anyone involved in financial planning and analysis, as it impacts how data is managed across time periods within the adaptive planning environment.