How to define a Fiscal Year in QuickBooks

Virtually all reports in QuickBooks have date range option and most of the date ranges can be defaulted to a FISCAL YEAR. However, as QuickBooks itself does not have any month-end, quarter-end or year-end accounting procedures that are mandatory, many of our clients are confused about where to setup and configure the Fiscal Year. This setting will be used by the system to calculate the proper date range values when you select to print a report for your current Fiscal Year.

Select – COMPANY – MY COMPANY and click on the PENCIL icon on the top right-hand side of the window.

A COMPANY INFORMATION window will open and you must select the REPORT INFORMATION option in QuickBooks 2016.

In this window, you can define the months which mark the first month for Tax reporting and for Fiscal Year definitions.

Screen Shot 2016-05-26 at 11.19.42

For more information, please feel free to contact us at Support@CBRTechnology.com or by calling Tel. (855) 227-0700. You may also send us a quick request:

Published by CBR Technology Corp.

Business Central D365, Dynamics NAV, QuickBooks Enterprise certified Solution Provider specializing in the deployment and implementation of these ERP, CRM and eCommerce solution for the distribution/wholesale and manufacturing companies.

Leave a comment

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: