Target Periods is a setting that can be enabled to add additional granularity to your calculations. This feature allows you to set Targets with a regular time period in mind (e.g. A target monetary value needs to be reached each month for the rebate to be earned).
The options available are:
The first selection that must be made to utilize the Target Period is the mechanism that we will use. Any mechanism that uses target bands can be used to create Target Periods. This includes all value, volume, ratio, and growth mechanisms with the % by value growth target type. It should be noted that assuming you have a full prior years transactional data only the annual, quarterly and monthly target periods will automatically generate baselines for growth based mechanisms.
The target bands displayed within a program line are very similar, with the addition of a time period dropdown. This time period dropdown allows you to see the actual, accrual, and forecast rates for each period, where the targets must be identical for each period.
If you require Target Periods for your program lines, please reach out to our support team here.
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