The custom reporting period feature provides users with the flexibility to choose the start date of their reporting period. This enhancement enables users to tailor their reporting period needs, ensuring the data reflects their specific requirements and timelines.
For example, in the UK, companies should ideally align their reporting with the financial year, which starts on 6th April.
By allowing a custom start date, users can generate more relevant and accurate reports, improving the overall utility and adaptability of the reporting system while ensuring compliance with specific regulatory requirements and internal policies.
How to Set the Custom Reporting Period 📅 :
1️⃣ Navigate to the Admin Panel:
- Access the Admin Panel from your platform dashboard.
- Go to the Reporting Settings section:
2️⃣ Find the Reporting Settings tab within the Admin Panel.
- Select the Starting Day of the Reporting Year:
3️⃣ Locate the "Starting day of the reporting year" field.
- Use the drop-down menus to choose your desired month and day.
- By following these steps, you can configure the start of your reporting period based on your selections. This customization allows you to generate more relevant and accurate reports, enhancing the utility and adaptability of your reporting system.
Benefits of the Custom Reporting Period:
🔄 Flexibility: Align your reporting period with your financial year or specific regulatory requirements.
📈 Accuracy:Ensure that your reports reflect precise and relevant data.
✅ Compliance:Meet internal policies and regulatory standards, such as the financial year start date in the UK, which begins on 6th April.
By leveraging the custom reporting period feature, you can tailor your reporting needs to better suit your organizational requirements, improving overall data management and reporting accuracy.