Setting Up Periods

Periods are time periods that are used in your business, such as Q1 2002 or Jan. 2001. Periods are used extensively in the Siebel application, such as in forecasting, time sheets, and expense reports.

Be sure to set up periods far enough into the future to accommodate forecasting. For example, the default forecast is for seven months ahead. Therefore, if you keep this default, then you must create periods defined for at least seven months from the current date for forecasting to work correctly.

To set up periods

  1. Navigate to the Administration - Data screen, then the Periods view.

  2. In the Period Definition list, create a new record, and complete the necessary fields.

    Some fields are described in the following table.

    This table describes the fields to complete when setting up a period.
    Field Comments

    Period

    Type a name for the period, such as Q1 2001.

    Closed

    Select the check box to indicate that the period has already closed.

    Start

    Select the start date for the period.

    End

    Select the end date for the period.

    Type

    Select a value for the type of period, such as month, quarter, or year.

    Description

    Type a description of the period.