Re: JBA ML - Year End

["Rick Allen" <rick.allen@xxxxxxxxxxx>]

Hi Michael

I haven't thought in depth on this issue as it has never raised its head in
my experience.

Initial thought is that you will skew all reports that use this year/last
year comparisons. I also assume that you will be rolling year end in all
modules?

I am not sure about the idea of having two years in one year. How would the
calendars handle this?

Again, this is not meant to be a "solution" proposal - just creating some
more questions.

What we really need is to hear from someone who has actually done this and
find out the pitfalls.

A very interesting topic!

BR

Rick Allen




                                          To:    "jbausers-l@midrange.com" 
<jbausers-l@midrange.com>
                                          cc:
          Michael berman                  Subject:                              
       JBA ML - Year End
          <mxb1@start.com.au>



          Sent by:
          jbausers-l-admin@midrange.com


          27/11/01 13:20
          Please respond to jbausers-l






We normally have a June Year End.  Due to circumstances they wish to
have a year end as at Nov 30 this year to roll their Profit and Loss
to Retained Earnings etc.

I can see 2 options... one being a manual journal and the other
amending the Fiscal Year End period on the Company profile (and then
putting it back).

That is, this year will be 5 months long, and then 7 months long.  The
period numbering will still be contiguous (0105 0106 0107 etc) as we
will not be changing the calendar etc.

What issues can you foresee?

Has anyone changed the Fiscal Year End, and the  changed it back
before?

Regards

Michael



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