Hi,

We are planning on changing our fiscal year end from December 31 to March 31. Our auditors have suggested we do this by having a December 31 2013 year end and then doing a 3 month year ending March 31 2014. I am trying to figure out how to do this in Adagio and ensuring we have comparison data. What is the best way to do this in Adagio?

Thanks,

Ryan

Hi Ryan

This is one of the most frequently asked questions on the forum - here are a few threads on the subject of handling short years.

http://www.softrak.com/ubbthreads/ubbthr...ar_Er#Post38414

http://www.softrak.com/ubbthreads/ubbthr..._Year#Post38076

http://www.softrak.com/ubbthreads/ubbthreads.php?ubb=showflat&Number=17464&page=3

The nature of short years almost guarantees that you won't have good comparative reporting during the interim. Exactly what will you be wanting to compare - give specific dates?

Steve