How to Correct Budget Period Issues When Copying and Creating Forecasts?

Sometimes when creating budgets for the new year, copying may lead to the wrong periods being included or omitted. If a forecast is then created, this effectively prevents the budget from being edited.  

Therefore, so that you may edit the periods, any forecasts created will need to be locked so that periods can be amended or added.  

Once forecasts are locked, you can add or adjust budget periods as needed. However, after making these changes, you must create new forecasts to replace the locked ones. This is because the import/export function for budget forecasts is specific to each forecast - modifying the periods alters the structure, making previous forecasts invalid.

If needed, you can export figures from a locked forecast and use them to populate the new forecast.

To avoid issues, it's best not to submit a forecast unless you're sure that neither the budget nor the forecast will require further edits.