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dhavalvyas
Contributor III
Contributor III

how to find Financial year for given date

As in interview I asked one question that what is financial year for given date is.

Date is 05/07/2017

Can any one help me for this solution?

5 Replies
stonecold111
Creator III
Creator III

.A financial year is any annual period at the end of which a firm's accounts are closed.

It depends on organisation. if the company's financial is from june 2016 to june 2017


then it will be 2018.

dhavalvyas
Contributor III
Contributor III
Author

But what is answer for my question financial year for  05-07-2017 ??

Anil_Babu_Samineni

How is your Financial Year dates? Would you like to read this article Fiscal Year

Best Anil, When applicable please mark the correct/appropriate replies as "solution" (you can mark up to 3 "solutions". Please LIKE threads if the provided solution is helpful
pathiqvd
Creator III
Creator III

Hi,

    Financial Year is 2017-18.

Regards,

jmvilaplanap
Specialist
Specialist

Hi,

The financial year depends by the Company, each Company has his own financial year. The normal way is to have a calendar table (in a database or even in Excel) with the milestones for each year.

For example in my Company, the financial department has a calendar with dates for budgets, monthly results, presentation of the financial state to the directors, etc.

It's just a couple of columns, date and "efeméride"

Regards