Is there any best Practice to create Local KF than CKF

Hi All
Just answer can do or cannot? What are the inconveniences we would face?
I have requirement to apply some selections and formulas and then create query for every month from JAN-DEC>
if I do Locally,
I need to create every Selections and Formulas for every month, right?
If do as CKF, I just create commonly the CKF and RKF,
and create every month in the structure.
is there any wrong if we create as CKF and RKF??
But my user say this is not the best practice since we use it only for this query...we dont use for other query..
so try to do locally..just got ....
Pls tell which is better way?

Hi Srikanth,
Thanks for your response,
Nope see my requirement doesn't seems like it will not fit to LOCAL FORMULA OR STRUCTURES than using GLOBALLY which you have to create all FORMULAS and SELECTIONS for every month..
I create structure, in it create SELECTIONS and FORMULA I create locally.
But I want to create for all months i.e JAN - DEC and for any year based on USER input..
But I want to create locally for all SELECTIONS and FORMULAS for all months.
which is long process.. Also I need to get the data for any year for all months based on user input CALYEAR/MONTH..
1.CAN YOU provide solutions??
2. Actually he is another IT consultant *** experience in respective organisation, so when I say why not we create this way which is easier and feasible to use and will you have any issues in reporting performance or any other, if we create CKF than creating locally?

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