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Fiscal Year Calculator

Determine the fiscal year for a date and how far through it the date falls.

About Fiscal Year Calculator

Whether the date falls before or after the fiscal start month determines which fiscal year it belongs to. Progress through the year is what budget pacing compares spend against. Comparing spend to budget without accounting for fiscal year progress is how departments discover in month eleven that they have overspent.

Formula

Fiscal Year

The fiscal year runs from the start month to the day before the same month next year

fiscal year
The twelve-month accounting period, which need not match the calendar

Worked example

With the default values below, Fiscal Year Calculator returns Fiscal Year of 2,026. Change any input above and every figure here is recalculated in your browser.

Inputs used

Date yearaccepts 1,970–2,200
2,025
Date monthaccepts 1–12
11
Date dayaccepts 1–31
10
Fiscal year start monthaccepts 1–12
4

Results

Fiscal Year
2,026
Fiscal Year Label
FY2026
Day Within the Fiscal Year
224
Days Remaining in the Fiscal Year
141
Progress Through the Fiscal Year
61.37%

Step by step

  1. 1Values used
  2. 2Fiscal Year
  3. 3Fiscal Year= 2,026
  4. 4Fiscal Year Label= FY2026
  5. 5Day Within the Fiscal Year= 224
  6. 6Days Remaining in the Fiscal Year= 141
  7. 7Progress Through the Fiscal Year= 61.37

Assumptions and limits

  • The result is derived only from the 4 inputs listed above. Anything not among them is not part of the calculation.
  • In particular, this calculator does not take inflation, tax, fees or charges or compounding frequency into account.
  • Figures are rounded for display to 2 decimal places, so totals built from several rounded parts can differ slightly from the unrounded arithmetic.

How these calculators are built and tested is described on the Methodology page. If a figure looks wrong, please report it.

Frequently Asked Questions

How is Fiscal Year calculated?

The fiscal year runs from the start month to the day before the same month next year Whether the date falls before or after the fiscal start month determines which fiscal year it belongs to. Progress through the year is what budget pacing compares spend against.

Why does Fiscal Year matter?

Comparing spend to budget without accounting for fiscal year progress is how departments discover in month eleven that they have overspent.

What values do I need to enter?

This calculator takes 4 inputs: Date year, Date month, Date day, Fiscal year start month. The pre-filled defaults are a realistic starting point — replace them with figures from your own environment for a result you can act on.

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