When entering financial information, it is often useful to provide amounts on a weekly basis so that different types of income and expenses can be compared consistently.
Some payments and costs may be received or paid at different intervals, such as fortnightly, monthly, quarterly, or annually. The table below shows how to convert these amounts into an equivalent weekly amount using a calculator.
| Calculating weekly amounts | |
|---|---|
| If you have a fortnightly amount (every 2 weeks) | Divide by 2 |
| If you have a monthly amount | Divide by 4.3 |
| If you have a quarterly amount (every 3 months) | Divide by 13 |
| If you have a yearly or annual amount | Divide by 52 |