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Replying to:
GenmarieM
QuickBooks Team

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Welcome to the Community, @JaneEC. I understand that you want to change your Fiscal year date. Just a heads up, there are changes that you need to consider when modifying your fiscal year date.

 

Changing your fiscal year start month will affect your reports. Reports that are based on the fiscal year, such as profit and loss statements, will now align with the calendar year. It can impact year-to-year comparisons and historical data analysis. 

 

Also, this may not align with your tax reporting requirements. Therefore, It's crucial to consult with your accountant or tax advisor to ensure that the change will not create any issues with your tax filings. 

 

Furthermore, you can visit these articles to help you manage your reports:

 

Leave a comment below if you have further questions about the fiscal year and other QuickBooks-related concerns. I'll be here to lend a helping hand.

 

 

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