Setting Up Financial Management › Entities › Plan Defaults › Create Plan Defaults for Entities

Create Plan Defaults for Entities

Follow these steps:

1. With the entity open, click Plan Defaults.

   The create page appears.

2. Complete the following fields:

   Period Type

   Defines the type of period on which cost plans for this entity are based, such as monthly or quarterly.

   Default: The period type used in chargebacks for debit and credit rules.

   Plan Start Period and Plan End Period

   Defines the default start and end time periods for cost plans.

   Freeze Date

   Defines the freeze date. You cannot edit a plan for time periods before the freeze date.

   Lock Plan Structure

   Specifies whether you want to prevent managers from overriding plan defaults when defining cost plans. You can select this field only if you have some grouping attributes selected.

   Default: Cleared

   Grouping Attributes

   Defines the categories for designing the cost plan and benefit plan line item detail structure.

   Values: Charge Code, Department, Input Type Code, Location, Resource, Resource Class, Role, Transaction Class, User Value 1, and User Value 2

3. Save the changes.

More information:

Plan Defaults

Edit Plan Defaults for Entities