Are you a newbie in the App Store who recently launched a new app with in-app purchases and now trying to figure out the Apple payment calendar?
No worries, we got you. After reading this blog post, you will be a pro at understanding what a fiscal year calendar is and when is your estimated payment date.
For the purpose of easing financial reporting Apple uses a fiscal year calendar. To be more specific, the calendar has 4 quarters, each uses the 5-4-4 week method of managing accounting periods. This type of calendar groups the quarters of the fiscal year into one 5-week “month” and two 4-week “months”. It does seem a bit weird to use this kind of calendar, but it has a major advantage when it comes to starting and ending the month period: the end date of the period is always the same day of the week, which is useful for reviewing the company’s financial performance and planning future expenses.
Apple’s fiscal calendar: What you need to know
- Apple’s fiscal calendar always starts with the last Sunday of September.
- The week format is Sunday to Saturday (US calendar version).
- The calendar uses a 52-53-week fiscal year method where the last Saturday of the month is the end of the fiscal year (September for Apple).
Okay, now we understand what a fiscal calendar is. The next step is to know when your pay date is.
Important note: App Store always pays 33 days after the end of the fiscal month. So, roughly speaking, 4 weeks + 5 days or around 5 weeks. The important payout dates for the year 2020-2021 are:
You can also check all the future fiscal years through the iTunes connect payment calendar (App Store Connect sign-in is required)
- Or you can add the dates mentioned in our calendar to your Google Calendar!
- Or save the PDF version of Qonversion’s calendar to be able to track when is your next payment
- Apple Fiscal Calendar 2024
Alice
Qonversion Team
Alice shares insights on mobile app monetization and subscription strategies.
