It means the length of time varies depending on how many days are in the particular calendar month you're talking about. If the calendar month is January, you are always talking about 31 days. If the calendar month is February, you are talking about 28 days (except in leap year when you are talking about 29 days.)
Example:
If you are transacting business on January 17th and are talking about 6 calendar months, you are either talking about January 1st through June 30th OR February 1st through July 31st; it must be made clear during discussions WHEN the time begins.
You would NOT be talking about January 17th through July 17th.
Calendar month is taken into account from January to December, whereas Fiscal month or the Financial month is taken into account from April to March. Fiscal month varies with the Companies to what they try to adapt to.
It is a change in the Income and Expenses for a Company. Its is usually on a month to month basis.
Federal law requires the tax return to be filed by the 15th day of the fourth month after the end of the taxpayer's year. Most individuals are required to calculate their taxes on a calendar year basis; hence, the due date for most returns is April 15.
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.
the answer is within you look deep inside and you too will find the answer...
On the earliest calendar of ancient Rome, from about 752 BC to about 713 BC, March was the first month of the calendar year; the calendar had ten months:MartiusAprilusMaiusIuniusQuintilis (from quinque, meaning five)Sextilis (from sex, meaning six)September (from septem, meaning seven)October (from octo, meaning eight)November (from novem, meaning nine)December (from decem, meaning ten)They then had 61 days of winter, which were not assigned to any month.
Kislev is the 9th Month on the Hebrew Calendar, but its name has no Hebrew meaning other than the name of the month. The word was probably borrowed from another language, probably Akkadian.
the month September is known as "the seventh month" (after the roman calendar)
November originates in the Latin novem meaning "nine". The month retained its name when January and February were added to the Roman calendar, and is now the 11th month in the Gregorian calendar..
From the Latin November, meaning the Ninth Month of the Roman Calendar.
October is the tenth month of the year in the Gregorian calendar. It follows September and precedes November. The name "October" is derived from the Latin word "octo," meaning eight, as it was originally the eighth month in the Roman calendar.
Kislev is the name of the 9th month of the Jewish calendar. The 25th day of Kislev is the first day of Chanukah. The month overlaps with the month of December.
In the Hebrew calendar, the month of Av is followed by the month of Elul.
June is the sixth month on the calendar.
October is the tenth month of the year in the Gregorian Calendar. October is the eighth month in the old Roman calendar, October retained its name (from the Latin "octo" meaning "eight") after July and August, after Julius and Augustus Caesar respectively, when the calendar was originally created by the Romans.
December was originally the tenth month of the early Roman calendar, which began in March. The name "December" is derived from the Latin word "decem," meaning ten. It wasn't until later, when January and February were added to the beginning of the calendar, that December became the twelfth month.
July became a month in 44 BC when Julius Caesar reformed the Roman calendar, naming it in honor of himself. Originally, it was called Quintilis, meaning "fifth month," as the Roman calendar started in March. The reform was part of the introduction of the Julian calendar, which aimed to align the calendar year with the solar year. July has retained its name and position in the calendar ever since.