The Last Closed Month is a very important aspect of Martus. It controls the default ending date used on financial reports. It also has an impact on creating reforecasts, since it affects the process of loading actuals into budgets. It is an Admin task to ensure that the Last Closed Month is being kept up to date.
This mini-webinar is extracted from our April 2023 webinar. It provides an overview of what the Last Closed Month does and does not do and how to update it.
Click on a timestamp to jump to the section you are interested in:
0:43 - Impact on financial reports
1:05 - Impact on loading actuals via Planner Setup
1:20 - Impact on budget worksheets
1:35 - Martus walkthrough
3:11 - How to update the Last Closed Month
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