Welcome to the SmallBusiness.com WIKI
The free sourcebook of small business knowledge from SmallBusiness.com
Currently with 29,259 entries and growing.

WIKI Welcome Page
Local | Glossaries | How-to's | Guides | Start-up | Links | Technology | All Hubs
About · Help Hub · Register to Edit · Editing Help
Twitter: @smallbusiness | Facebook | Pinterest | Google+

SmallBusiness-com-logo.jpeg

In addition to the information found on the SmallBusiness.com/WIKI,
you may find more information and help on a topic
by clicking over to SmallBusiness.com and searching there.


Note | Editorial privileges have been turned off temporarily.
You can still use the Wiki but cannot edit existing posts or add new posts.
You can e-mail us at [email protected]


Fiscal year

SmallBusiness.com: The free small business resource
Jump to: navigation, search

Fiscal year is a 12-month period used for calculating annual or "yearly" financial reports in a small business. The term is used because in many jurisdictions, regulatory laws regarding accounting require reports once per twelve months, but do not require that the twelve months constitute a calendar year. For example, certain retailers prefer a fiscal year that does not match the calendar year in order to include the effect of returns of holiday-related purchases that take place in January.


See Also

SB glossary new.jpg
This term or phrase is currently an entry in The SmallBusiness.com Business Glossary WIKI. Please help expand this entry into a more detailed description.