Accounting periods...

[soltek]

Does anyone know how to define accounting periods like 5-4-4?

 

[Norman Harker]

Hi Soltek!

Absence of reply indicates insufficient data or ability to find or
deduce data to interpret your question. In this case, I think we just
haven't got enough to work on.

We can probably help if you explain those numbers.

It feels like a w-q-y algorithm where you have week x quarter y year
z.

There are problems unless you help us define further.

Key questions are:

What is the method for determining d1 of w1 of the accounting year?
We'll also need to know if y is single, double or four digits.
And if the year starts mid calendar year is the year number the year
number "year beginning" or "year ending"?

There's a huge variety of options possible. See for example the
implications of adopting the week based tax accounting in:

www.irs.gov/pub/irs-pdf/p538.pdf

The next question is what do you want to do?

Set up a schedule of dates with parallel labels w-q-y?

Translate a date to its w-q-y?

Determine date of day 1 of a given w-q-y

But accountants do all sorts of funny things and I may have started
with a false assumption.

 

[Norman Harker]

Hi Soltek!

I spoke to an accountant today. Apparently the 5-4-4 is likely to be a
method of dividing the year into four quarters, each of 13 weeks with
months of 5 weeks, 4 weeks and 4 weeks.

With each year starting on the same day that leaves a final quarter
where there is an odd day (2 for a Leap Year) which gets added to the
final week.

Now, if that is what you mean, All we need is the algorithm for
determining day 1 of week 1.

Plus we need what you are wanting to do as per the previous post.