§ 76229 Fiscal Year Definition

• •The 'marketing year' or 'fiscal year' starts on April 1 and ends on March 31 of the next year.
• •This is a special 12-month period used for tracking money or business stuff, not the regular January to December year.
• •It’s used for things like planning budgets or reporting sales.

A farmer sells apples and keeps track of how much money they make.

Instead of counting from January to December, they start counting on April 1 and stop on March 31. So, their 'year' for money stuff is April to March.