What does Period-End Reporting ensure about the project's financial data?

Period-End Reporting in project systems is a critical process that ensures the financial data associated with a project is accurately transferred to the appropriate cost receiver object, such as a cost center or internal order. This transfer is vital for financial accounting and reporting purposes, as it reflects the true costs incurred during the reporting period.

Accurate movement of data not only helps in maintaining the integrity of financial records but also provides essential insights for project management and budgeting. When financial data is correctly allocated to the cost receiver objects, it allows stakeholders to assess the financial performance of the project, determine budget variances, and make better-informed decisions.

The other options, while they pertain to aspects of project management and financial reporting, do not accurately describe the primary aim of Period-End Reporting. For instance, maintaining confidentiality is an important aspect but not the main focus of this reporting process. Similarly, summarization of data for future use and permanent archiving are outcomes that can occur in the broader context of financial management but do not directly address the precision of data allocation to cost receivers that Period-End Reporting ensures.