Calendar Quarter Basis Meaning

Being on a quarterly basis means that something is set to occur every three months.

Calendar quarter basis meaning. Most people pay on a calendar basis. The calendar year is divided into four quarters which are often abbreviated as q1 q2 q3 and q4. The first days of each calendar quarter are always january 1 april 1 july 1 and october 1.

The calendar year is divided into four quarters which are often abbreviated as q1 q2 q3 and q4. Every year has four quarters so being on a quarterly basis means a certain event happens four times a year. Translation and definition on a calendar basis dictionary english english online.

A quarter is a three month period on a company s financial calendar that acts as a basis for periodic financial reports and the paying of dividends. Example sentences with on a calendar basis translation memory. Calendar quarter means a quarterly period a for the first such period beginning on the commencement date and ending on the last calendar day of either march june september or december whichever is the first to occur after the commencement date and b for quarterly periods thereafter beginning on the first calendar day of the calendar month immediately after the month that ended the prior period and ending on the last calendar day of each successive three calendar month period.

Calendar quarter definition is one of the four periods of three months each of a calendar year. The first quarter starts from january 1 and ends on the march 31. On a calendar basis.

The second quarter is from the beginning of april to the end of june. Example a registrant that is not a specified person files monthly gst hst returns on a calendar basis. Fiscal quarters are determined by the specific fiscal year that a business uses usually based on factors such as taxes reporting.

A calendar quarter corresponds to the calendar year. One of the four periods of three months into which the financial year is divided january until. One of the four periods of three months into which the financial year is divided january until.