What should be verified before recalculating actuals for accuracy?

Before recalculating actuals for accuracy, it is crucial to verify the actuals verification settings because these settings directly impact how the actuals are calculated and reviewed within the system. Actuals verification settings determine the criteria and parameters that the system uses to assess and validate the data inputs. This includes aspects such as the thresholds for discrepancies, what data sources are considered, and how various factors are weighted in the calculation.

By ensuring that these settings are correctly configured, you guarantee that the recalculation process will reflect accurate financial and resource data, thereby enhancing the reliability of the project's reporting and analysis. Accurate settings are fundamental to aligning the recalculated figures with the expected standards and ensuring that any financial assessments made subsequently are based on correct information.

While the other elements mentioned—project cost structure, time frame of transactions, and user permissions—are important aspects of project management and data integrity, they do not directly influence the immediate accuracy of the recalculation process in the same way that actuals verification settings do. The focus on verification settings highlights the need for correct organizational protocols and safeguards in the data management process.