# Fiscal year

> Fiscal year — The twelve-month (or 52–53 week) reporting year an entity has chosen, which need not start in January.

Source: https://lopifi.com/glossary/fiscal-year
Part of: Lopifi — US GAAP books on autopilot, reviewed by a CPA (https://lopifi.com)

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**What is 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.

## Words this system refuses for it

- year unqualified
- calendar year

- **Category:** Core ledger
- **Specified in:** [Lexicon](https://lopifi.com/md/docs/domain/11-lexicon)
- **Rendered by:** [period-picker](https://lopifi.com/md/components/period-picker)