This article discusses fiscal calendars, fiscal years and periods and how to utilize them for legal entities, fixed assets and budgeting.
Fiscal calendars provide a framework for the financial activity of an organization. Each fiscal calendar contains one or more fiscal years, and each fiscal year contains multiple periods. Fiscal calendars can be based on a January 1 to December 31…
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Cost accounting – Fiscal calendars, fiscal years, and periods
This article discusses fiscal calendars, fiscal years and periods and how to utilize them for legal entities, fixed assets and budgeting. Fiscal calendars provide a framework for the financial activity of an organization. Each fiscal calendar contains one or more fiscal years, and each fiscal year contains multiple periods.
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