Don't have time to read? Watch the instructional video here:
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Clear Period Variances
This method should only be used when clearing the period variances before the first cost report. After that, performing a Period Close whilst ticking 'Clear Costs this Period' will clear the variances.
1. In the menu bar select General Ledger > Budget Worksheet
2. Click the Select All button at the bottom left of the window
3. Right-click in the highlighted area and select Excel
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4. Excel will automatically appear (might be hidden behind Eclipse window).
5. To clear all accounts period variances, in Excel highlight the entire EFC column (column L), right-click and select copy. Then paste the entire column into the EFCW column (column Q). Or you can edit individual rows accordingly.
6. Once your Budget looks good in excel, highlight only the data cells in the Excel worksheet (in other words, all cells with information in them except the header and footer rows), right-click and select Copy.
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7. Go back to Eclipse, right-click on the Budget Worksheet window main body and select paste. Your Budget Worksheet will now be updated. Make sure to go back and close the Excel window
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