Changing Financial Calendar
Forum Sponsor
Top Posters
Nick Johnson-Pond
3 posts
sairedz25
0 posts
Ahmed Awad
2 posts
Syed Shoeb
0 posts
Vimukthi
0 posts
bal aji
2 posts
Lee Mallek
23 posts
Viet Tran
9 posts
Ola Gbotoso
0 posts
Jaturapit Multongka
1 posts
Thanks Niek - there are several ways of doing this. In my case its too much effort. I think I will have to live with November being 1 week to long and December 1 week to short.
Youll need to rebuild the entire structure all the way back, I’m afraid.
I don’t find the financial period mechanism particularly strong to be honest, because it takes static snapshots of the periods you define. If the periods change or a baseline changes with LOE activities, you’ll end up with very strange numbers - like negative EV period performance. This is also due to the fact that period performance is calculated as the difference between two periodical cumulative values.
H.T.H.
Niek.