PMI includes a Period Locking function that allows Revenue Managers or Head Office personnel to lock values after a specific date.
What is Period Locking?
- Budget, Forecast, and Actual values can be locked per period (typically monthly).
- A common use case is locking the Budget at year-end for the upcoming year.
- Locking can be configured via the Advanced Settings module by authorized users.
Once a period is locked:
- Users can no longer edit values within that time frame.
- This enforces data governance and prevents late or accidental changes.