Would everyone here use a 3/1 data date for February progress? (aside from some stated date like the 15th etc.) - this way it would match Feb. cost data etc., I always heard that the data date line was like 8am or whatever starting time. I assume in theory that could be changed to 5pm or whatever ending time but I have never heard of anyone doing that.
Would everyone here use a 3/1 data date for February progress?
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The recommended and standard practice of data date is last working date and time of the reporting cycle.
Ex: Weekly cut-off = every Friday Cut-off at last working time say 5:00PM
Bi-weekly cut-off = alternate Friday Cut-off at last working time say 5:00PM
Monthly cut-off = Last Friday of the Month at last working time say 5:00PM
Shutdown per shift = Say at every 6:00PM 1st Shift and 6:00AM 2nd Shift