Memorial Day
United States · May 26 · Fiscal month FM8 · Quarter Q3
- Country
- United States
- Date
- May 26
- Falls in fiscal month
- FM8 of United States fiscal year
- Falls in fiscal quarter
- Q3
- Source
- OPM federal holidays
About Memorial Day
Last Monday in May, honouring US military personnel who died in service. Marks the unofficial start of summer; federal holiday.
Where it lands in your fiscal year
For organisations operating on the United States fiscal calendar, Memorial Day falls in fiscal month 8 (FM8), inside quarter Q3. Treat the date as a non-working day in payroll calendars, exclude it from business-day counts when scheduling close milestones or accrual postings, and check vendor terms for any "next business day" payment clauses that would shift settlement.
If the holiday falls on a weekend, observance rules vary: the United States federal government observes the nearest preceding Friday or following Monday; the United Kingdom typically grants a substitute weekday. Check the country's official observance rules before locking payroll runs.
Operational impact for finance teams
For finance and operations teams, Memorial Day reduces the working-day count for FM8 by one. If the holiday falls within two business days of a month-end, expect downstream impact on accruals (revenue cutoff, inventory counts, AP cutoffs) and on banking value dates. Wire transfers and ACH/Faster Payments usually settle the next business day; international wires may slip two days when origin and destination both observe the holiday. See our guide on mapping holidays to fiscal months for a worked example of how to fold observance dates into the close calendar.
Open the calendar
See this holiday highlighted in context on the printable monthly template:
Open May template → Full United States fiscal year →
Year-by-year observance
Pick a specific year to see the actual weekday, weekend-observance shift (if any), and where the holiday lands inside that year's fiscal quarter:
Other holidays in United States
- January 1 — New Year's Day
- January 20 — Martin Luther King Jr. Day
- February 17 — Presidents' Day
- June 19 — Juneteenth
- July 4 — Independence Day
- September 1 — Labor Day
- October 13 — Columbus Day
- November 11 — Veterans Day
- November 27 — Thanksgiving Day
- December 25 — Christmas Day