HeuristicsInc wrote:I thought it was October? Or is that just gov't?
-bill
Yeah, different entities have different FYs. Ours is Jul - Jun, which is not uncommon.
We switched back to calendar years last year, which makes all the sense in the world to me. But I guess the finance guys (and gals) don't like the tax season issues. I just figure, if you're talking about 2008, call it 2008, don't redefine what a year is, especially when everyone else is redefining their years. That's just crazy.
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HeuristicsInc wrote:I thought it was October? Or is that just gov't?
-bill
Yeah, different entities have different FYs. Ours is Jul - Jun, which is not uncommon.
We switched back to calendar years last year, which makes all the sense in the world to me. But I guess the finance guys (and gals) don't like the tax season issues. I just figure, if you're talking about 2008, call it 2008, don't redefine what a year is, especially when everyone else is redefining their years. That's just crazy.
HeuristicsInc wrote:I thought it was October? Or is that just gov't?
-bill
Yeah, different entities have different FYs. Ours is Jul - Jun, which is not uncommon.
We switched back to calendar years last year, which makes all the sense in the world to me. But I guess the finance guys (and gals) don't like the tax season issues. I just figure, if you're talking about 2008, call it 2008, don't redefine what a year is, especially when everyone else is redefining their years. That's just crazy.
I was wondering if the Northern Hemisphere had financial years!
We have one, fairly obviously - because everone goes on holidays over Christmas - and from about mid-Dec to early Feb everyone is in holiday mode and it is too bloody hot to do tax returns and shit.