Monday, May 20, 2019

Understanding 4–4–5 Weeks Accounting Period Format

The 4–4–5 calendar is a method of managing accounting periods. It is a common calendar structure for some industries, such as retail, manufacturing and parking industry.

The 4–4–5 calendar divides a year into 4 quarters. Each quarter has 13 weeks which are grouped into two 4-week "months" and one 5-week "month".

See Sample below for FY 2013:

 

     

 

Period

Start Date 

End Date

Days

Q1 2013P1 201312/31/20121/27/201328
 P2 20131/28/20132/24/201328
 P3 20132/25/20133/31/201335
     
     
Q2 2013P4 20134/1/20134/28/201328
 P5 20134/29/20135/26/201328
 P6 20135/27/20136/30/201335
     
     
Q3 2013P7 20137/1/20137/28/201328
 P8 2013 7/29/20138/25/201328
 P9 20138/26/20139/29/201335
     
     
Q4 2013P10 20139/30/201310/27/201328
 P11 201310/28/201311/24/201328
 P12 201311/25/201312/29/201335
     
     

 

 

 

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