What Is a Fiscal Month?

Answer

A fiscal month is a period that is used by businesses in their planning. It usually starts on a Monday and ends on a Sunday but does not require conformity to the first and last days of the calendar year. When a fiscal year starts on the first day of January, the fiscal month will commence on the same day provided it is on a Monday but will end on Sunday, 4th February covering about five weeks.
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Ask.com Answer for: what is a fiscal month
What Is a Fiscal Month?
When businesses enter information in their books they encounter a broad problem: Businesses are compared by annual cycles, but years are not equal to each other. Years can have varying amounts of days of the week based on the calendar and months can... More »
Difficulty: Easy
Source: www.ehow.com
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