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March 15, 2024
Question

Can the trial balance be changed to run from june to june for just the first financial year

  • March 15, 2024
  • 1 reply
  • 0 views
company started in June 22.  I need to do a trial balance from June 22 to June 23, have tried to use customize it won't work please assist

1 reply

March 15, 2024

Hello there, sandra.

 

Yes, the trial balance can be changed to run from June to June in the first fiscal year. I've got steps to ensure you can complete this process on your end.

 

To start with, I recommend setting up your Accounting preference and making sure to set up the information as June.

 

Here's how:

 

  1. Click the Gear icon at the upper right corner.
  2. Choose Accounting and settings.
  3. Go to the Advanced tab and Accounting section.
  4. Click the drop-down arrow in the  First month of the financial year and select June.
  5. Click Save and Done.

 

Once completed, you can run the Trial Balance report and select either the Financial date that appears when selecting the reporting period. You can also customise other details if needed. This is to ensure you can examine the data that you need for your business.

 

In case you need steps on how you can print, email, and export different reports in QuickBooks, you can read this article: Run reports in QuickBooks Online.

 

Please know that you can always update after performing the steps as I want to ensure this is resolved for you. Just leave a comment below and I'll get back to you, sandra. Have a great day ahead.