# Differences of reporting by Month/Quarter/Year

**URL:** <https://community.silverfin.com/t/differences-of-reporting-by-month-quarter-year/2042>\
**Category:** Templates\
**Tags:** report-frequency\
**Created:** [March 13, 2021, 6:28am UTC](https://community.silverfin.com/t/differences-of-reporting-by-month-quarter-year/2042 "2021-03-13T06:28:50Z")\
**Posts on this page:** 6\
**Page:** 1

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**Author:** ![pgallagher](https://yyz2.discourse-cdn.com/flex030/user_avatar/community.silverfin.com/pgallagher/32/1576_2.png) [@pgallagher](https://community.silverfin.com/u/pgallagher)\
**Post date:** [March 13, 2021, 6:28am UTC](https://community.silverfin.com/t/differences-of-reporting-by-month-quarter-year/2042/1 "2021-03-13T06:28:50Z")

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Mostly just a curious question.

But if there is a situation where one is building out both:

1. Quarterly financial statements for a client
2. Annual Year-End financial statements for that same client

Would it be wise to have two separate clients for these instances? (even though it is being built for same client) Or could you just consolidate both builds into 1 client and use code like “period.minus\_1y.” and “period.minus\_1p” to bring in information for the different periods.

Peter

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**Author:** ![Michiel](https://yyz2.discourse-cdn.com/flex030/user_avatar/community.silverfin.com/michiel/32/2364_2.png) [@Michiel](https://community.silverfin.com/u/Michiel)\
**Post date:** [March 16, 2021, 9:02am UTC](https://community.silverfin.com/t/differences-of-reporting-by-month-quarter-year/2042/2 "2021-03-16T09:02:37Z")

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Hi @pgallagher,

combining quarterly financial statements and annual year end financial statements for the same client is indeed possible if you have a quarterly frequency in Silverfin for this client file. As you suggest you can make use of “period.minus\_1y.” and “period.minus\_1p” to bring in information from previous periods.

Best regards,

Michiel

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**Author:** ![pgallagher](https://yyz2.discourse-cdn.com/flex030/user_avatar/community.silverfin.com/pgallagher/32/1576_2.png) [@pgallagher](https://community.silverfin.com/u/pgallagher)\
**Post date:** [March 16, 2021, 8:30pm UTC](https://community.silverfin.com/t/differences-of-reporting-by-month-quarter-year/2042/3 "2021-03-16T20:30:19Z")

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Oh interesting, okay thank you! Is there a reason therefore for needing to have different periods at all when creating a client? If you can just call period.minus\_1y and period.minus\_1p

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**Author:** ![sven](https://yyz2.discourse-cdn.com/flex030/user_avatar/community.silverfin.com/sven/32/1495_2.png) [@sven](https://community.silverfin.com/u/sven)\
**Post date:** [March 22, 2021, 8:58am UTC](https://community.silverfin.com/t/differences-of-reporting-by-month-quarter-year/2042/4 "2021-03-22T08:58:52Z")

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Hi @pgallagher,

If you have a company file with monthly frequency for example, it would mean you can built monthly, quarterly and yearly statements.  
If you have a company file with only yearly frequency, it’s not possible at all to built quarterly or monthly statements.

So, it’s a good question though, and one should really think about before creating company files. In an ideal world you’d go for monthly files, but in reality that’s not always needed (or possible for that matter).

Hope this information helps 😌

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**Author:** ![pgallagher](https://yyz2.discourse-cdn.com/flex030/user_avatar/community.silverfin.com/pgallagher/32/1576_2.png) [@pgallagher](https://community.silverfin.com/u/pgallagher)\
**Post date:** [March 22, 2021, 9:32pm UTC](https://community.silverfin.com/t/differences-of-reporting-by-month-quarter-year/2042/5 "2021-03-22T21:32:17Z")

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thanks Sven!

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**Author:** ![sven](https://yyz2.discourse-cdn.com/flex030/user_avatar/community.silverfin.com/sven/32/1495_2.png) [@sven](https://community.silverfin.com/u/sven)\
**Post date:** [March 23, 2021, 7:23am UTC](https://community.silverfin.com/t/differences-of-reporting-by-month-quarter-year/2042/6 "2021-03-23T07:23:10Z")

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Closed on March 23, 2021, 7:23am UTC