3 Replies Latest reply: Jul 28, 2009 4:53 PM by satish kumar RSS

Diff between year indipendent and year dependent

mallika eswari
Currently Being Moderated

Dear friends,

 

What is the main Difference between Year Indipendent and Year dependent?

 

 

Thanks in Advance.

  • Re: Diff between year indipendent and year dependent
    Mallavajjula ratan
    Currently Being Moderated

    Hi,

     

    Year dependent means it is specific to that particular year.

     

    Year independent means means applicable for all the years.

     

    Say for example:

     

    You have created a FYV which is year dependent YZ and you define periods for that particular fiscal year only.

     

    like Jan1st to Feb 2nd period 1 in the fiscal year 2009

     

    Feb 3rd to March 2nd  ...period 2  and so on.

     

    and again you need to define periods for the year 2010 also.

     

    But where as if you use V3 which is year independent which will always be from April 1st to March 31st regardless of the fiscal years.

  • Re: Diff between year indipendent and year dependent
    Mukta Kumari
    Currently Being Moderated

    Hi

     

    Year independent-  If your month end /year end is as per calendar month / year , i.e. 31st jan , 28 feb -


    31st dec, then it is year independent.

     

     

    Year dependent - If your month /year end is different than calaneder month/year , i.e. weekly, 15th jan to 14th feb ,every friday is the month end etc.

     

     

    Cheers

    Mukta

Actions