Christian Kluge <frakturfr...@gmail.com> writes:
> Am 21.03.2019 um 21:00 schrieb Derek Atkins:
>>
>>> At least for me in Germany I can’t think of someone accounting for more
>>> than one year and also only on certain circumstances accounting for
>>> another period than 01.01. to 31.12.
>>
>> Here in the US, organizations are free to set up any financial year they
>> wish. Many still choose a calendar year, but certainly may are on a
>> skewed calendar. Many choose June 30 for the end of the year. I worked
>> one place that was Jan 31.
>>
>
> But still it’s just one year.
I don't understand your point? These are two orthogonal issues.
There is the issue of year start/end, and there is the issue of whether
to hold multiple years in a single data file. You seemed to imply that
a calendar year was sufficient, and I was pointing out that no, it is
not.
This is completely separable from the other question of whether to have
separate files for each year.
> The certain circumstances I mentioned are mainly income tax related:
>
> The financial for farmers ends at 30.06. and for forestry it can be 28.02.
>
> A merchant according to German commercial law can choose a financial
> year than the calendar year with approval from the tax office.
Same here in the US.
> However if it’s just a small cash accounting business the financial year
> is always the calendar year.
"Never say never" :)
> And all I’ve said about different financial years doesn’t apply for VAT
> which is always reported for the calendar year, which complicates things
> even further.
FUN!
> Kind regards
>
> Christian Kluge
-derek
--
Derek Atkins 617-623-3745
de...@ihtfp.com www.ihtfp.com
Computer and Internet Security Consultant
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