Targets in Premier allow you to define the financial reporting structure and set revenue targets for weekly or monthly periods. These targets are used in financial reports to compare actual performance against expected revenue over defined date ranges, such as last week, last month, or the last three months.
❓ Likely Scenario
Users need to create or adjust financial periods for reporting
Weekly or monthly revenue targets are not appearing in reports
Financial year-end or period definitions are incorrect, causing reporting issues
🛠️ Process Overview
You’ll define the financial year, create financial periods, and set either weekly or monthly revenue targets. Once configured, reports can use these targets to provide comparisons against actual revenue.
✅ Step-by-Step Instructions
Accessing Targets
Log into Administrator or Manager
Go to Targets
Creating a Financial Structure
Select Year End Dates to define the financial year
Click Green Plus to create a new financial period
Use the Delete button to remove an existing period if needed
Choose whether your reporting intervals will be Weekly or Monthly
Setting Weekly Targets
Select Weekly under the interval
Choose whether the year will have 52 or 53 weeks
Enter the Year End Date (ensure the first year-end date is correct; subsequent years will follow from this)
Decide if targets will be set by Staff per Income Centre or per Income Centre Group
Tick each Month End Date to cover the 12 months of the year
Click the Green Tick to confirm
A confirmation screen will display the targets you are setting
Setting Monthly Targets
Select Monthly under the interval
Enter the Year End Date (ensure accuracy for first year)
Choose whether targets will be set by Staff per Income Centre or per Income Centre Group
Use the dropdowns to select the Month End Dates relevant to your business
Click the Green Tick to confirm
A confirmation screen will display the blank targets for the next year
Click the Green Back Arrow to return to the main target screen
Entering Target Values
On the main target screen, enter the values for each target you have defined
Once entered, reports will use the target date ranges and provide comparisons between actual revenue and set targets
🧠 Important Note
Ensure the first Year End Date is correct; all subsequent financial periods depend on it
Targets can be defined per staff per Income Centre or per Income Centre Group, depending on reporting requirements
Accurate setup ensures reliable reporting and comparisons against revenue targets
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