Anonymous
Not applicable

Other questions

Thank you for joining in the discussion, @SegCpa.

 

Allow me to step in and help share a few things about changing Fiscal Year in QuickBooks.

 

Your client's data will remain intact even if they change the Fiscal Year End date. However, the reports in QuickBooks will display transactions between the dates you've chosen. If you need to see reports using the previous Fiscal Year End date, the date must be entered manually.

 

Ideally, most users prefer waiting until December 2019 instead of doing it in July. You may check out this helpful article if you need to know more about choosing a fiscal or calendar year for your client's business: Should You Adopt a Fiscal or Calendar Year for Your Small Business?

 

You can also check our site should you need other helpful references in the future: Help articles for QuickBooks Desktop.

 

Let me know if you need anything else or if you have other questions about setting Fiscal Year End. I'll be here to help.