2, which is its abbreviation, usually refers to the second quarter of a year, so Q2 2020 generally refers to the second quarter of 2020.

"Q2" is the abbreviation of "the second quarter".

Q2 not only represents the quarter, but also has different meanings in various industries.

1. In economic terms, Q 1 and Q2 are usually reflected in quarterly reports in economic terms. Quarterly report is a report that reflects the capital activities and the implementation of budget revenue and expenditure as of the reporting quarter, which is referred to as quarterly report.

On the basis of the monthly report, reflect the fund allocation, personnel quota implementation, budget revenue and expenditure implementation in more detail, as well as a more comprehensive written explanation.

2. In the accounting industry, Q2 is an account book that continuously records economic business one by one day according to the time sequence of economic business. The economic business recorded in various account books is different, and the account book format can be varied.

On the basis of the monthly report, the quarterly report reflects the fund allocation, personnel quota implementation and budget revenue and expenditure implementation in more detail, and has a more comprehensive written explanation.

General budget accounting quarterly report generally includes: asset activity table, budget income calculation table, budget expenditure calculation table, basic figures table, etc. Quarterly report of unit budget accounting is based on monthly report, with "basic figure table" and text description.

Enterprise income tax should be paid in advance on schedule and settled at the end of the year. There are two ways to calculate the advance payment:

1. Calculate and pay according to the taxable income in one month or one quarter of this year.

Two, the taxable income of the previous year is calculated and paid on a monthly or quarterly basis.