[GNC] Multiple Fiscal Years

Michael or Penny Novack stepbystepfarm at comcast.net
Sun Feb 4 10:12:56 EST 2024


On 2/3/2024 7:13 PM, Jay McSkimming wrote:
> Hi
>
> Is there any solution (other than repeated manual system-wide changes) to allow for multiple fiscal years for different sets of accounts arising from different country tax years?
>
> Are there any add-ons or means to allow this?
>
> Any help appreciated.
>
> Thanks in advance

Means to allow this"

1)  Use explicit dates for all reports rather than relative to "current 
fiscal year".  You don't NEED to utilize "fiscal year" in the program 
sense as opposed to the ;logical sense.

Note that you are not being clear when you say "different sets of 
accounts" whether you mean in separate books or in the same books.

2) If in separate sets of books, you can use "current fiscal year", etc. 
by creating multiple users on your computer (multiple logins). For 
example, you probably have (should have) at least two, you yourself as 
an ordinary user, and as a user with supervisor rights). Well you can 
create additional ordinary users, just as if multiple people were using 
your computer. The computer isn't going to know or care all the same human.

     I don't think Stan's objection is very strong. IF the reason this 
is being done because reporting for different countries then having 
shared preferences,  report formats, etc. is probably not what you want 
as the requirements of each country might be different. Even if 
currently the same, might become different at any time. Yes, a bit more 
work for the ones where at the current time the requirements the same, 
but allows for change to any if/when that happens. In other words, look 
at this in reverse and look at the question "I report to a number of 
entities and because they were all requiring the same report format, I 
was sharing this. But now one of there entities requires a different 
format for some of the reports. Not a BIG change. So how do I unsplit 
the shared saved format so I can alter one of them?"

Michael D Novack




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