Our organization has a tax year end of 08/31. Our QB settings are Sept. for both First Month of Fiscal Year and First Month of Revenue Year.  We would like to prepare budgets based on a calendar year.  After reading your reply to the other questions, I'm assuming if we we change the First Month of Fiscal Year to January, we would be able to run budgets based on a calendar year?  What are the implications of this change?  Thank you.