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What is a year dependent and independent fiscal year variant?

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Question added by Jaishri Navani , Finance Manager , West Zone Fresh Supermarket LLC
Date Posted: 2016/04/02
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Lennon Gula Ndebele
by Lennon Gula Ndebele , Accounts Administrator , FIRST RAND BANK

The number of days in a month are not as per calendar month e.g for year 2005 period Jan ends on the 29th, Feb on 27th and Mar not the 29th. For year 2006Jan ends on 30th, Feb on 26th and Mar on the 30th.

Deleted user
by Deleted user

Year Dependent = Jan to Dec.

Independent FTV= April to March(India) or as per reporting country.

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