Deltek Vantagepoint Help

Using the Help Search
Using the Help Search
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Processing Cycle

A processing cycle is a period of time during which transactions are entered, processed, and posted. Each cycle follows a regular sequence.

A processing cycle can refer to the sequence of transactions that you perform to complete a specific process (timesheets) or a series of processes (timesheets, payroll, billing) over a specified period of time.

At the end of the cycle, you can generate various reports from the transaction data posted during the cycle.

Typically, processing cycles are based on your enterprise's accounting periods. The order in which you process various types of data within an accounting period depends on your timesheet/payroll processing periods, billing cycles, and reporting needs.