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For 65% or so of the companies, the fiscal year is the same as the calendar year, though some end the year on a specific day of the week closest to the end of the calendar year.
A Fiscal Year is any consecutive 12-month period that a business chooses. Usually, the fiscal year end date is the low point in business activity for the year
Unexpired insurance at the end of fiscal year is that amount of insurance paid in advance but part of which is not consumed during fiscal year.
The Fiscal Year runs from February to January for Target. It ends on the Saturday closest to January 31st. For example, this year will end January 30th, 2010
December 31
At the end of the fiscal year
For 65% or so of the companies, the fiscal year is the same as the calendar year, though some end the year on a specific day of the week closest to the end of the calendar year.
A Fiscal Year is any consecutive 12-month period that a business chooses. Usually, the fiscal year end date is the low point in business activity for the year
A Fiscal Year is any consecutive 12-month period that a business chooses. Usually, the fiscal year end date is the low point in business activity for the year
Time period relating to finance or finances. Fiscal year end = the end of an accounting year/cycle. Your first fiscal year could be only 3 months as at March 31, 2010 (you start your business on Jan 1st to Mar 31st) and then thereafter your Fiscal Year End is March 31st. Fiscal period could be financial reporting for only one month. It needs to be defined by the user in a financial report of some kind.
Unexpired insurance at the end of fiscal year is that amount of insurance paid in advance but part of which is not consumed during fiscal year.
If you mean New York State, the start of the fiscal year is April 1st, and the end is March 31st of the following year. If you mean New York City, the start of the fiscal year is July 1st, and the end is June 30th of the following year.
In the United States, a business can have a fiscal year ending any date of the calendar year. Almost all use the end of a month, which simplifies accounting. For a department store, they might want to let the entire Christmas shopping season (including post-Christmas returns) be all on one fiscal year. They also might want to have plenty of time to finish post-holiday inventories before tackling the end-of-fiscal-year accounting.
The Fiscal Year runs from February to January for Target. It ends on the Saturday closest to January 31st. For example, this year will end January 30th, 2010
December 31
September 31, 2010
June 30