The SAP BPC online document describe the BCF as following:
"Carry-forward populates the opening balances for the new year with the closing balances of the last period of the prior year."
When we run the BCF at end of 2015.JAN, the closing balance of 2014.DEC was copied to opening balance of 2015.JAN, if we run BCF at May, I would assume the the closing balance of 2014.DEC was also copied to opening balance of 2015.May. is this understanding right?
I found some document said that BCF is copy the previous period balance to next period, if that is the case, when run BCF at May, the closing lance of April was copied to May.
Any detail explanation?