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Changing Start Year of Application after going live
Hello, Working with a client and implementing a marketplace solution that potentially requires us to go to a year that is before the start year of the application. Is there any harm in changing the ...
I have changed Start Year a number of times. The only implication is that Time will now show the additional year. You may wish/need to adjust some of your Time member filters so users don't have to scroll past this otherwise unwanted year.
I have changed Start Year a number of times. The only implication is that Time will now show the additional year. You may wish/need to adjust some of your Time member filters so users don't have to scroll past this otherwise unwanted year.
Hi rhankey,
Did you also load data to the older years when you changed the start date? Wondering if that would require reconsolidating all the years of data if data is loaded and any other implications.
Thanks!
If you go back and (re)load prior years of data, you may or may not need or wish to reconsolidate all the way to current.
If the application logic does not roll any values from a prior year to the current year (year-end roll), then you might not need to reconsolidate any future years.
However, every app I've built or seen that others have built does a year-end roll of the balance sheet from prior year to maintain data integrity. In this situation, you would normally need to reconsolidate from the prior (re)loaded period all the way to current. But, that is at great risk of having data in current periods change, which is not something most people have much appetite for after going live.
That was my expectation as well, thank you for confirming!
