Year End

Business, Legal & Accounting Glossary

Definition: Year End

Quick Summary of Year End

Year end is the end of a business’s accounting year. It’s short for ‘accounting year end’.

Full Definition of Year End

The end of the financial year.
During this period, the accountant calculates how much tax a business owes to the government. Bookkeepers need to ensure that reconciliations are completed, transaction entries are correctly coded, supporting paperwork is readily available, and that sales taxes and PAYE taxes have been processed.

Examples of Year End in a sentence

As of year end, net assets were valued at £2.4 million.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Year End. Payroll & Accounting Heaven Ltd. September 25, 2021
Chicago Manual of Style (CMS):
Year End. Payroll & Accounting Heaven Ltd. (accessed: September 25, 2021).
American Psychological Association (APA):
Year End. Retrieved September 25, 2021, from website:

Definition Sources

Definitions for Year End are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 7th July, 2019 | 2 Views.