Osee  +  680502 Thu, 26 Feb 09 05:48 PM What's the difference between them? Does the fiscal 2006 not mean 1st January 2006 to 31st December 2006? Thanks. Osee Joined on Mon, Jan 8 2007 Canada Regular Member 922 Truths are hard to prove, rumors are easy to make. Difference Between

	Vorpar  +  680530 Thu, 26 Feb 09 06:50 PM No, various industries keep their accounting books in a different definition of a year. 365 days, but starting somewhere other than Jan 1st. However, the majority of US companies do have a fiscal year that starts on Jan 1st, and ends on Dec 31st. All of the schools I attended started the year in September. Vorpar Joined on Tue, Sep 20 2005 Santa Barbara, CA Regular Member 940

	Thomas Tompion  +  681177 Sat, 28 Feb 09 12:39 PM No, Osee.  I'm afraid not. Fiscal means to do with taxes. In the UK the fiscal year runs from April 6th to April 5th, to put it at its simplest.  That means that you are taxed on receipts and can offset payments during that period, and have to pay taxes on what happens between those dates. The school year is something else, and in the UK starts in September and ends in July.  The normal time to start at a school is thus in September and to end is July. Thomas Tompion Joined on Thu, Nov 20 2008 Full Member 120 Thomas Tompion Dates