1.
fiscal closing period; accounting period; settlement term
The period at the end of which a company closes its books and settles its financial statements, typically the end of a fiscal year or quarter. In Japan many companies use a March closing.
決算期が近づいてきた。
The fiscal closing period is approaching.
決算期は経理部が忙しくなる。
The accounting department gets busy during the closing period.
多くの日本企業は3月を決算期としている。
Many Japanese companies use March as their fiscal closing period.
A business and accounting term referring to the time a company settles its accounts.
COMMON COLLOCATIONS:
- 決算期末: the end of the closing period
- 本決算: full-year settlement
- 中間決算: interim settlement
SIMILAR WORDS:
- 会計年度: fiscal year — the full accounting year, whereas 決算期 focuses on the closing point