Fiscal year

In accounting, fiscal year means the twelve-month (or 52–53 week) reporting year an entity has chosen, which need not start in January.

Layer: Lexicon
Defined in: Lexicon
Components: 1

Authority

This definition follows IRS Pub. 538 — accounting periods.

Every citation in this system, with the text we read and the date we checked it, is in US GAAP and where these rules come from.

Fiscal year, in use

Quoted from the document that use the word — what it does to an interface, in the spec's own sentence.

Presets: this month, last month, QTD, YTD, this fiscal quarter, this fiscal year, trailing 12.
Statements — 65. PeriodPicker

For founders

The same idea written for a founder: what it costs a startup that ignores it, and what to do in a real month.

First-year compliance calendar for a Delaware C-corpDelaware franchise tax, 1099s, the federal return, payroll filings, state annual reports and sales tax: the deadlines a young C-corp misses most, by month.

What it is not called

Each of these is a real word for a different thing. Using it here is what makes a product read as though it was built by someone who has not done the work.

year unqualified
calendar year

Components that render this

The concept is not documentation-only. These are the components that name it in their specification, grouped and stated exactly as the catalog states them.

6Statements

Family spec

PeriodPickerFiscal-aware. Never assumes January.

Also in Core ledger

Defined in Lexicon. This page is generated from that document, so the two cannot disagree.