§ 74034 Fiscal Year Definition

• •The 'marketing season' or 'fiscal year' starts on July 1 and ends on June 30 of the next year.
• •This is a specific time period used for planning and tracking money or sales.
• •It’s like a school year, but for businesses or farms to keep track of their work and money.

A farmer sells apples and wants to keep track of how much money they make in a year.

The farmer’s 'fiscal year' starts on July 1 and ends on June 30. They add up all the money made from selling apples during this time to see how well they did.