What should the end of the plan date be set to for main versions?

Setting the end of the plan date for main versions to two years forward is considered best practice in Workday Adaptive Planning. This timeframe allows organizations to effectively capture and analyze trends, project future financial scenarios, and align strategic goals with financial planning within a relevant horizon. A two-year projection period helps in accommodating both short-term fluctuations and long-term planning needs, providing a comprehensive view that can enhance decision-making and resource allocation.

Additionally, having a more extended planning horizon facilitates better alignment with business cycles and external market conditions, allowing organizations to adjust their strategies accordingly. It also offers ample time for conducting revisions and updates without having to frequently reset the planning cycle, making it a practical choice for maintaining robust financial oversight.