The difference between fiscal year and natural year

Define differences and usage differences.

1. Definition difference: the fiscal year refers to the time span used to summarize the implementation process and revenue and expenditure of the fiscal budget according to law. According to national or regional regulations, the start date and end date of the fiscal year may be different. The natural year refers to a year calculated according to the Gregorian calendar, starting from New Year's Day and ending at 65438+February 3 1.

2. Usage difference: the accounting year is mainly used for the company's accounting year, and is used for the company's financial settlement and statement preparation. The company may determine the start and end dates of the fiscal year according to its own and legal provisions. Natural years are mainly used for time calculation and statistics, as well as time reference in people's lives. The start and end dates of natural years are fixed, starting from 65438+ 10/and ending from 65438+February 3 1.