YTD vs PTD Loads to HFM
Just trying to gather some opinions from the community on loading monthly or yearly amounts from ERP systems to HFM for monthly close and consolidation. It seems lots of folks recommend YTD amounts as they say it minimizes the risk of inaccurate numbers. I feel the risk of misstatement is there either way. Just because your YTD numbers are correct does not mean you have not misstated or have an error between other reporting periods such as quarterly reporting periods.
At any rate, looking for some guidance and opinions as we are new to HFM.
Thanks!
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