Multi-Year Budget in Planning

Summary:

Looking for best practices in archiving multi-year budget or forecast.

Content (please ensure you mask any confidential information):

Our FP&A team has been doing single year forecast & budget but they want to start budgeting three years out. I'm aware that we can enable multi-year plan in the planning and forecast preparation; however, I'm unsure on how we'd go about archiving 3-year plan. For example,

• In FY25, we archive FY26, FY27, FY28/Working version to FY26, FY27, FY28/MP2 version
• In FY26, we archive FY27, FY28, FY29/Working version to FY27, FY28, FY29/MP2 version

This means FY27, FY28/MP2 version that we archive in FY25 will be overridden by FY27, FY28/MP2 version that we archive in FY26. This hinders the team from doing variance analysis between FY25 MP2 and FY26 MP2.