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February 8, 2021
Question

Our Start And End Date Of Tax Period 1 Feb to 30 Apr, 1 May to 31 July, 1 Aug to 31 Oct, 1 Nov to 31 Jan We need to setup the TAX period to be correct in order to use it.

  • February 8, 2021
  • 1 reply
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1 reply

IamjuViel
February 9, 2021

Good day, @remon.

 

You can set up the first month of your financial year in QuickBooks. Also, you can configure the first month of your tax year. I can guide you on how to do it.

  1. Go to the Gear icon.
  2. Select Account and Settings.
  3. Choose the Advanced menu.
  4. From the Accounting section, click the Pencil icon to configure your account.
  5. Pick the Month from the drop-down to set your company's First month of fiscal year.
  6. Select Same as fiscal year from the First month of income tax year drop-down. 
  7. Click the Save button.

In addition, I'm adding sharing these articles to help you setup and manage your QuickBooks account:

Swing by here again if you have other questions or concerns. I'm always here to help.