Annual Closing Period shall be the period from 1st April through 31st March.
(2) Semi-Annual Closing Period shall be the period from 1st April through 30th September.
(3) Quarterly Closing Period shall be categorized as follows:
• First quarterly closing for the period between 1st April through 30th June
• Second quarterly closing for the period between 1st April through 30th September
• Third quarterly closing for the period between 1st April to 30th December
(4) Monthly Closing Period shall be closed at the end of every calendar month.