What is the term for the year when actual data begins in the database?

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The term "Start of Version" refers to the specific point in time when the actual data begins in the database. This is significant because it indicates the moment when historical data is first captured and made available for planning, reporting, and analysis purposes. Understanding the "Start of Version" is essential for users as it establishes the timeline for data within the system, impacting how users generate reports and forecasts based on actual performance metrics.

The other terms provided might relate to different concepts within financial planning and analysis but do not specifically denote the moment actual data is first recorded in the database. For instance, "Beginning of Fiscal Year" pertains to the start of a defined financial year for an organization, which may vary from the actual data entry point. "Initial Data Year" and "Commencement Year" also do not have the same precise implications as the "Start of Version," as they might suggest broader or less clear meanings regarding the timing of data entry or planning cycles.

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