Setting the Last Historical Month to June in a 12 month budget model

Last historical month
2 posts / 0 new
Last post
Blake Gavin Miller A 2
Bl
Setting the Last Historical Month to June in a 12 month budget model

Hi team

I've got a 12 month model and want to set, in the Time tab >  "Historical & Forecast Time Frames > Last historical Month, the last historical month to June 2022. However there is no option for this month in the drop down. 

 

Is this correct to just add a 13th Term to a 12 Term model to active the historical month option for June 22?  

 

The model runs July 21 to June 22 as the Model start month and Term. 

 

 

Tarjei Kirkesaether A+ 58
TK

Hi Blake,

I guess the logic is if your model does not have any forecast periods left it's not really a model but rather a record of historical data. If this is what you're after then I would just add one more period to get around it and hide July 2022 like you suggested but if you are going to keep updating the model you probably want to add more periods (i.e years) to it.

Cheers

T