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What is a full time frame in an analysis?

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Summary

Most analyses in MindBridge operate under the scope of a full time frame, which means that the files you import for analysis should contain data for the entire analysis period (i.e., the period of time being analyzed in MindBridge).

For example, suppose you created a general ledger ("GL") analysis and selected the full time frame, with an analysis period spanning one calendar year (i.e., January 1 to December 31). MindBridge would expect that the general ledger file you import contains all the data for that period.

Note: The GL analysis is also offered with an interim or periodic time frame, which allow you to import one or more partial ledgers.

When should I use a "full" time frame?

Select the full time frame during analysis creation when you want to analyze a complete ledger for a given analysis period. Typically, a full analysis is performed after year-end, but the analysis period can be configured to analyze data that spans more or less than the fiscal year.

Once run successfully, your analysis can be rolled forward into the next year (i.e., the current period data will become the next year's "prior period 1" data) to save you time next busy season.

What is a full analysis


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