topic Re: Master calender is there why we are all using Quarters? in QlikView

Master calender is there why we are all using Quarters?

Fri, 28 Feb 2014 13:05:52 GMT

this is venu

New to QlikView

master calender having all, then we go for Quarters?

is there any specific reason is there to us quarter?

Thanks In advance

venu

Re: Master calender is there why we are all using Quarters?

MK_QSL — Fri, 28 Feb 2014 13:15:54 GMT

Didn't understand your question !!

Re: Master calender is there why we are all using Quarters?

Fri, 28 Feb 2014 13:22:51 GMT

sorry

master calender is there then why we write quarters in set analysis?

Re: Master calender is there why we are all using Quarters?

MK_QSL — Fri, 28 Feb 2014 13:26:05 GMT

Can you give us any example of set analysis ?

Re: Master calender is there why we are all using Quarters?

ThornOfCrowns — Fri, 28 Feb 2014 13:38:51 GMT

If your question is "Why do we use quarters" then the answer is that many financial transactions work in Quarterly 'bands' for accountancy reasons.

The Master Calender Quarter idiom works to facilitate that working practice, not the other way around.

Re: Master calender is there why we are all using Quarters?

ashwanin — Fri, 28 Feb 2014 13:47:10 GMT

Hi Venu,

Master calendar :- Where every date exists (as you said).

Quarter : Where we can see the data of specific period of a year. we have 4 qts in a year and if company( e.g Finance related )wants to see the data from Apr to Mar then we can specify the Quarters according to that in QV.

This function is mostly used to compare the data of companies for specific time frame e.g comparison of Q1 sales vs Q2 sales etc. Hope it clears .

Re: Master calender is there why we are all using Quarters?

Peter_Cammaert — Fri, 28 Feb 2014 13:48:35 GMT

In businesses, high-level financial reporting and follow-up is almost always done using Quarterly results. Of course, that depends on which hierarchical level is using QlikView (operational follow-up may be done on daily, weekly or monthly basis).

Therefore BI quite often needs a quarter dimension in its chart timeline.

Peter

Re: Master calender is there why we are all using Quarters?

EmilyLangley18 — Thu, 01 Jun 2023 07:59:48 GMT

@ThornOfCrowns wrote:

The Master Calender Quarter idiom works to facilitate that working practice, not the other way around.

Old but interesting post to read.