Updating Global Financial Settings

Contents

The default financial settings for your system are created when the system is first configured. Within most systems, you can modify the financial lock month, create a global lock of all financial data including projections (E.g. maybe during an audit), and view the month in which the fiscal year begins. You can also modify any multiplication factors that have been configured such as the cost of capital, the weighted average cost of capital, etc.

To update the global financial setting of your system:

1. Click the Application Configuration tab.
2. Select the Global Financial Settings link.
3. Change the values in the relevant fields. If you choose to change the lock month, for example, all financial data within the system for all periods up to the lock month will be displayed only in read-only mode. No user will be able to make changes to any values within that period. If you change the Financial Global Lock to Yes, all data in all months will be displayed only in read-only mode.
4. Click Update.