Ability to print reports for five-digit years

Entry Type: Enhancement Request

Product: FRx

Application: FRx Desktop

Version Reported: 6.7.9xx

Status:

This request is being reviewed by Sage Engineering.

Subject:

Add the ability to print reports for five-digit years.

Currently, Sage MAS 500 can create a short year or change a fiscal year calendar by adding an additional number to the current fiscal year. For example, fiscal year 2007 can be changed to 20071 to accommodate the short year or calendar change. Short fiscal years are used as a transition between the old fiscal year and the new fiscal year. A 5-digit year is not currently supported by FRx.

Business Reason:

This feature would increase the functionality of FRx reports.

Possible Workaround:

Use Sage MAS 500 to open the years prior to the current fiscal year. Roll up each year until the current year is reached. A new fiscal year is created with the changed dates.  

For example, assume the current fiscal year is July 2006 thru June 2007, and it needs to be changed to January 2007 thru December 2007. The first fiscal year reported on is 2004. Open Year 2003 with a fiscal calendar of July 2003 thru June 2004.

Roll up the subsequent years (2004, 2005, 2006). Year 2006 will be a short year (July 2006 thru December 2006) The year 2007 calendar is changed to January 2007 thru December 2007.