fincial years

  • Hi friends,

    I am under development Inventory project of the firm. It has separate opening and closing balances for each year. How can I solve this problem using a single database for the tow different fincial years.

    Kindly help me in this regard.

    Thanking you

    regards,

    SUNDARA MURTHY S

  • More inputs needed.

  • Easiest way would be a calendar table holding each day in one column and the fiscal year information and other stuff you might need (e.g. work day yes/no, holidays) in separate columns.

    For details please search this site for calendar table or have a look at the Tally table link in my signature.



    Lutz
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    Links for Tally Table [/url] , Cross Tabs [/url] and Dynamic Cross Tabs [/url], Delimited Split Function[/url]

  • Normally the best the way to handle date issues like this is with a calendar table. Something like:

    Date, Calendar Year, Fiscal Year

    You can always add things like Quarter and Period as well.

  • I need to maintain opening balance and closing balance of inventory for each year and simillary opened Customer purchase Order and Job order should be posted to new year.

    Inventory

    For the year 2009-2010

    Item 1

    Date In_Qty Out_Qty Balance

    O/B 100 100

    01/04/2009 250 350

    01/05/2009 050 400

    01/06/2009 300 100

    After Reconcile data Balance is reset to 50

    For the year 2010-2011

    Item 1

    Date In_Qty Out_Qty Balance

    O/B 50 050

    01/05/2010 50 100

    01/06/2010 50 150

    Kindly help me in this regard.

    Thanking you

    regards,

    SUNDARA MURTHY S

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