Disclaimer – Hive Empire Pty Ltd (trading as finder.com.au, ABN: 18 118 785 121) provides factual information, general advice and dealing services on a range of financial products as a Corporate.. Context. I’m working on some very large data files in Excel (each containing over 800,000 rows of data). Two of the columns in each of these files are designed to calculate week numbers (one calculates the week number based on Calendar Year, the other does so based on Financial Year).In this case a Financial Year runs from 1 July – 30 June.
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The Australian financial year is an annual period used for tax, budgeting, and financial reporting purposes. It begins on 1 July and ends on 30 June each calendar year. This period was established by law in Australia back in 1851 to simplify taxation and financial reporting. Even though it differs from the calendar year (which runs from 1.. The AU financial year begins on July 1 and ends on June 30 of the following year. This means that the financial year spans over two calendar years. For example, the financial year that starts on July 1, 2021, will end on June 30, 2022. B. Significance of these Dates. The start and end dates of the financial year in Australia are significant for.
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