CEO, Goblinworks
|
Most companies use the calendar year as the fiscal year, unless they're in retail and have a big XMas impact or they have a tax exposure overseas that makes calendar year accounting problematic. They're a minority of businesses.
In this case, all references we make to quarters are calendar quarters.
|
Goblin Squad Member
|
I was actually thinking about which quarter it would be the other day, because of the different ways to divide the year. I worked logistics when I was in the Marines, it took a lot of getting used to trying to think of the year starting October 1st. Plus we used a different system to mark the date, I think it was based of the Julian date system but it's been a while.
Goblinworks Executive Founder
|
| 2 people marked this as a favorite. |
And the DoD uses October as the beginning of their FY. It's a bit odd.Nothing like being told "You cant put gas in your trucks and you cant order parts to fix the planes".
How about "You have to come in and work, but we're not going to pay you"?
|
Goblin Squad Member
|
How about "You have to come in and work, but we're not going to pay you"?And the DoD uses October as the beginning of their FY. It's a bit odd.Nothing like being told "You cant put gas in your trucks and you cant order parts to fix the planes".
Except to do so would violate the FAR (Federal Acquisition Regulations). They do make sense, given the proctive of US companies attempts to fraud the government.
Hmph!
|
Goblin Squad Member
|
How about "You have to come in and work, but we're not going to pay you"?And the DoD uses October as the beginning of their FY. It's a bit odd.Nothing like being told "You cant put gas in your trucks and you cant order parts to fix the planes".Except to do so would violate the FAR (Federal Acquisition Regulations). They do make sense, given the proctive of US companies attempts to fraud the government.
Hmph!
We did have our pay delayed once, but the armed forces usually had their pay designated out separately from the rest of the budget. I think that was actually mad a law a little while back as well, wasn't it.
|
Goblinworks Executive Founder
|
We did have our pay delayed once, but the armed forces usually had their pay designated out separately from the rest of the budget. I think that was actually mad a law a little while back as well, wasn't it.How about "You have to come in and work, but we're not going to pay you"?And the DoD uses October as the beginning of their FY. It's a bit odd.Nothing like being told "You cant put gas in your trucks and you cant order parts to fix the planes".Except to do so would violate the FAR (Federal Acquisition Regulations). They do make sense, given the proctive of US companies attempts to fraud the government.
Hmph!
Likewise with certain employees designated 'essential'.
|
Goblin Squad Member
|
Most companies use the calendar year as the fiscal year, unless they're in retail and have a big XMas impact or they have a tax exposure overseas that makes calendar year accounting problematic. They're a minority of businesses.
In this case, all references we make to quarters are calendar quarters.
I realize it doesn't say so, but can we interpret it as meaning: "Development is on track for EE in Q3 (by calendar year)"
|
Goblin Squad Member
|
I realize it doesn't say so, but can we interpret it as meaning: "Development is on track for EE in Q3 (by calendar year)"
According to what is mentioned on the Goblinworks Store page , EE should start a bit sooner then that, namely in June '14. I made a thread about it here
Alpha in May. If all goes according to plan off course. Exiting!