Recently we had a request from a customer to be able to generate a calendar year Budget Profit or Loss report for their bank. Since their fiscal year starts in March and ends in February, the General Ledger system can’t produce this report for a calendar year.
So we are wondering: How common is this requirement? Do other customers with fiscal years that start and end in the middle of the calendar year need to produce financial reports on a calendar year basis? If we added this capability to the General Ledger system, would it have other applications besides producing reports for lenders? Would it be sufficient to only provide this option for the Budget Profit or Loss, or should all of the Profit or Loss reports have this feature added?