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Everything you need to know about banking in QuickBooks Online - Discover more
treasurer39
Level 1

Hi, if I change my 'First month of financial year' in order to shorten my current year does it also change all previous years and therefore my opening reserves?

 
1 REPLY 1
Rustler
Level 15

Hi, if I change my 'First month of financial year' in order to shorten my current year does it also change all previous years and therefore my opening reserves?

Yes, starting date for the fiscal year is not by year, it is for the whole account

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