When Do Business Quarters Start

Here are the general dates for the four quarters although financial years may vary from company to company.

When do business quarters start. The market quarters follow the calendar year i e. Government starts in october. Looking for the months of the 1st 2nd 3rd and 4th quarters thanks in advance.

Slieferx asked in business finance investing 1 decade ago. That means that q1 for the federal government starts on oct. The exact months that constitute a given company s business quarter are determined by the start of the company s fiscal year.

For most companies the fiscal year or budget year ends at the end of either june or september which makes july 1 or october 1 the start of each respective financial year. They start on the first day of the month and end on the last day of the month for the three month period. If you re wondering how much of a pay increase you will receive as a federal worker you can be sure of it by october 1st of every year.

For instance if a company chooses to have its fiscal year start in february rather than january then its first quarter would consist of. Quarter means one year divided by 4 quartering the year some companies have fiscal year not calendar year quarters. The first quarter refers to months jan feb and mar the second quarter apr.

This method provides an easy way for all companies to track income and expenses which helps with reporting. For example if it s. While some companies align their fiscal years with the calendar year some do not.

A fiscal year or financial year or sometimes budget year is used in government accounting which varies between countries and for budget purposes it is also used for financial reporting by businesses and other organizations. For this time period the budget of the federal government agencies is determined. Fiscal quarters are used for reporting financial information to investors as well as for tax and other filings to government agencies.