Though not i am not the authentic Financial Consultant you understand .. I have noticed in lots of cases, that users are forever tampering with Date Range settings, in order to get the Financial Statements reporting on the periods they want.
I have been involved in converting some reports from V3 to AX 2009 - [ and BTW had some fun with "100%" columns (with NU 3 hot fixes added to SP1) ] I have been testing the reports on historical time periods and noticed that the behaviour of "PERIOD" is different than "MONTH" in terms of the date range settings. With Month, I think I saw better back-dating capability. I've looked in vain for documentation on what the official difference might be but found nothing so far. By now the accountants and financial consultants probably know what I am on about, so could I have feedback on this? What are the tips for getting Financial Reports back-datable. My position is that you should never need to change the date range relative settings if you set up values for "Current", "Prior period", "Current Period YTD", etc. Note I am entering Reference Date each time I run reports, in order to get the right periods. Setting "Reference Date" is like setting back the System date for the Financial Statement you are running. TIA George
