Thirteenth Month

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Thirteenth Month

An accounting method that recognizes write-offs and unusual income in an artificially created 13th month. This allows an organization to consider the strength of its finances from ordinary operations in the other 12 months.
References in periodicals archive ?
The monthly figure, however, is just a conservative estimate since it does not include other factors such as overtime pay, night shift differential, and 13th month pay.
"The 13th month pay is gobbled up by Christmas expenses.
The apex bank left its rate steady for the 13th month in a row on Thursday.
The implementation of the EC benefit adjustment also contributed to the increase in benefit disbursements along with the release of the 13th month pension of qualified pensioners and their dependents," Dooc said.
We call it a cash gift because it is not a 13th month pension," GSIS - Davao branch head, Deity Manampan said on Monday.
Release workers' 13th month pay on time, employers told !-- -- Sheila Crisostomo (The Philippine Star) - December 10, 2018 - 12:00am MANILA, Philippines The Department of Labor and Employment (DOLE)yesterday reminded employers in the private sector to release their workers' 13th month pay on or before Dec.
Christopher Edeh, commended the governor for the 13th month salary he paid the civil servants of the state as Christmas gift, saying that 'Gov.
This is the 13th month that the bank has kept its policy unchanged.
TOKYO - Kuwait's trade surplus with Japan shrinks 66.2 percent from a year earlier to JPY 17.5 billion (USD 164 million) in June, falling for 13th month in a row, as exports decline more than half.
As per official figures, exports contracted for the 13th month in a row in December 2015, as outward shipments shrank 14.75 percent to USD 22.2 billion amid a global demand slowdown.
It was the 13th month in a row of decreases, the longest such stretch in data going back to 1989.
It was the 13th month in a row of decreases, the longest stretch in data going back to 1989.