Skip to main content
February 11, 2022
Question

Where do i define the year end?

  • February 11, 2022
  • 1 reply
  • 0 views
do i need to set a year end and how do i do that?

1 reply

February 11, 2022

Hello Richard54, 

 

Welcome to the Community page, 

 

When you define the year in Quickbooks, its in the settings main cog wheel>account and settings> advanced top box, you put in the first month of your financial year and the system will go from the first of that month that's were you also choose the accounting type accrual or cash and it is  also where the close the books is and if you want the VAT set to no vat inclusive or exclusive it is all on that section to fill in what you want it all to show for you.