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Stagecoach North East: Latest News & Discussion - June 2015

Stagecoach North East: Latest News & Discussion - June 2015

RE: Stagecoach North East: Latest News & Discussion - June 2015
(07 Jun 2015, 8:04 pm)Robert wrote Out of interest, what does this 'Period 1' stuff on the allocations actually mean? Does it just act as a reference as to when the transfers took place and when the document was published?

(07 Jun 2015, 8:10 pm)Dan wrote It refers to the company's accounting/financial year.

As we've discussed in the past, and I'm sure you'll remember, Go North East's financial year starts/ends in June. The year is split up into periods, just like a monthly calendar. Stagecoach have a set 4-week period. 13 Periods * 4 weeks = 52 weeks (1 year).

Stagecoach document all movements that take place in their 'periods', opposed to on a weekly basis like Go North East.

As such, the newly released Fleet Card is the Period 2 with Period 1 movements listed on there.

RE: Stagecoach North East: Latest News & Discussion - June 2015