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June 1, 2022
Question

Notice client had the wrong year end date in the settings. Even after two years of data can I change the year end date to the correct one?

  • June 1, 2022
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1 reply

June 1, 2022

Hey There kristin33,

 

Thank you for reaching out here. QuickBooks Online is a great tool to help keep your books balanced. It's important that your year end date is entered correctly in your QuickBooks account, this ensures that your books are balanced properly. I can provide some information about year end dates.

 

In QuickBooks Online, you have the ability to change your year end date by navigating to the Gear icon and selecting Account and settings. You will then need to scroll all the way down until you see the Advanced tab. In the Accounting section you will see First month of fiscal year or First month of income tax year. Changing these dates may have an affect on your books.

 

If you have any other questions, feel free to reach out here.