fiscal year

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Related to financial years: Fiscal Year End

fiscal year

(FY) (fiskăl yēr)
Any 12-month cycle that a business or other enterprise chooses to organize its financial reporting.
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References in periodicals archive ?
Answering a question in parliament from MP for Nkange, Mr Edwin Batshu, the assistant minister said the council raised funds through public auction sale of the unclaimed matimela cattle and generated a total sum of P116 398 in 2016/17 financial year. Mr Autlwetse mentioned that for the financial year 2017/18 the total amount collected was P18 027.50 and for 2018/19 a total of P94 323.50 was raised for council.
JamboPay CEO Danson Muchemi reportedly told the ICT committee last Wednesday that his firm collected Sh14 billion for the county during the financial year.
However, SBP's assessment of overall macroeconomic picture suggests that this target is ambitious and would critically depend on managing the growing pressures on the external account -discussed below, while ensuring that average inflation is contained close to its target in financial year 2018-19.
Expenses for the financial year increased to $9,895,377 from $7,927,697 in the 2006 financial year, which represents a 25% increase.
Mr Goya explained that the Authority went over budget on outreach programmes in the 2017/18 financial years as there was a concerted effort to sensitise the public on the National Lottery.
The state is targeting Sh1.68 trillion in the current financial year
The 2017/18 financial year marked the turn of the tide, with the National Consumer Commission gaining a spot in the clean audit ranking list.
Three year experience of any three financial years out of 7 years at least 40% of estimated cost of the Tender in each financial vear.
Pre-Qualification: (a) (a) the tenderer should have completed in the last three financial years (i.e.
Pre-Qualification: A)the technical eligibility criteria of having under taken at least one similar work of minimum value of 35% of advertised tender value in last three financial years may be dispensed with in cases of bidders who are either oem or source approved by rdso for related works contract b)the financial eligibility criteria (viz the turnover of the firm from the contractual payments received against supply contracts during the last three financial years plus the current financial year till the date of tender opening should be minimum of 150% of the tender value) may be dispensed with in cases of bidders who are either oems or sources approved by rdso for related works contracts
Any civil engineering works for a minimum value of 35 percent of the advertised value of the work during the current financial year and three previous financial years.

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