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How can you determine what your fiscal year ishow to set the fiscal year date. How is the fiscal year set?
Wiki User
∙ 16y ago
The fiscal year is the twelve month period used for keeping financial records. It is useful for comparing one year with the previous year or years to see what kind of progress has been accomplished. A fiscal year is determined for one's self by a person or organization, and can start on any date that is convenient. The fiscal year of the U.S. Government originally ran from July 1st to July 1st because the U.S. officially came into being on July 4, 1776. Subsequently, the U.S. Government changed its fiscal year to begin on October 1st (I think), but I don't know the reason for that change. Most persons establish their fiscal year to coincide with the calendar year: January 1st to January 1st.
Wiki User
∙ 16y ago
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What is year to date Budget?
A year to date budget begins at the beginning of the year and carries through to the current date. This can be based on either the calendar year or the fiscal year.
What does fiscal mean?
Fiscal usually relates to matters of financial stature. Fiscal could also relate to taxes and government issues. The use of the word fiscal can be combined in conjunction with fiscal cliff, fiscal year, fiscal deficit, fiscal policy and fiscal parish.
What is the abbreviation for Fiscal Year?
FY
What is FY?
It stands for Fiscal Year.
Fiscal year origin?
k55
What is a year to date?
A year to date is the period from the beginning of a fiscal year to the end of a reporting period.
When does the next fiscal year begging?
The next fiscal year typically begins on January 1st for most organizations. However, some companies and governments may have different fiscal year start dates that align with their specific accounting cycles. It is best to consult the relevant organization's financial documents or policies to determine the exact start date of their fiscal year.
What is the ending date of their last fiscal year at AT and T?
Chatelaine
What is year to date Budget?
A year to date budget begins at the beginning of the year and carries through to the current date. This can be based on either the calendar year or the fiscal year.
Start of fiscal year in the Philippines?
when the fiscal year beginning in the philippines
What is the fundamental variable which is used to determine if a liability is a current liability or a long term liability?
if liability is payable within one fiscal year then it is current liability while if it is payable for morethan one fiscal year then it is long terrm liability.
The 12-month period that ends when a company's activities are at their lowest point is called?
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
The 12-month period that ends when a company's activities are at their lowest point is called the?
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
The federal budget proposal recommends funding levels for the next fiscal year which begins on what date?
October 1
How do you determine the year on a Mexican peso?
Look for the date.
Why might a department store select a fiscal year ending January 31 rather than Fiscal year ending December 31?
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.
What is mathing principle?
Matching principles advocates the matching of all expenses in specific fiscal year with matching reveneus for the same fiscal year.
