What Do You Mean By Year Dependent In Fiscal Year Variants?

1.	What Do You Mean By Year Dependent In Fiscal Year Variants?
Answer» YEAR Dependent: the financial year is same as calendar year. STARTING from 1st Jan to 31st DEC (where posting periods and the calendar months are equal). Year Independent: the financial year is DIFFERENT from calendar year Starting from 1st April to 31st MARCH (where the posting period months are not equal to calendar year months).

Answer»

YEAR Dependent: the financial year is same as calendar year. STARTING from 1st Jan to 31st DEC (where posting periods and the calendar months are equal).
Year Independent: the financial year is DIFFERENT from calendar year Starting from 1st April to 31st MARCH (where the posting period months are not equal to calendar year months).

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