In many jurisdictions it is the law that you must be able to retrieve all 
business documents EXACTLY AS THEY WERE AT THE TIME OF THEIR CREATION.  No 
changes in account numbers, totals, addresses, phone numbers, personnel, or 
personnel titles, etc.  It is also a requirement that you have a search and 
retrieval system for these documents.  And that is the purpose of a historical 
temporal data repository, to comply with the financial auditing regulations 
such as Sarbanes-Oxley Act in the US and its equivalent that have been adopted 
in many other countries. 

Reporting is the same thing.  For prior closed periods you should be pulling 
your data from a historical temporal data repository or from some guaranteed 
immutable data source.

Regards,
Gerry




-------------------- m2f --------------------

--
http://www.openobject.com/forum/viewtopic.php?p=31416#31416

-------------------- m2f --------------------


_______________________________________________
Tinyerp-users mailing list
http://tiny.be/mailman/listinfo/tinyerp-users

Reply via email to