Change Fiscal Year QB Desktop

Thank you for continuing to respond to the thread, Operation Nightwatch. For the successful preparation of the 2025-2026 budget, we need to update the Fiscal Year in the Company Information. Allow me to guide you through the process.

Here's how:

1. Navigate to the Company section.
2. Click on My Company.
3. Click the pencil icon in the Company Information.
4. Then, go to Report Information.
5. Choose your preferred start month for the fiscal year (April).
6. Click Okay to confirm.

After updating the Fiscal Year, let's go back and create again a new budget.

1. Return to creating the budget by clicking on Company.
2. Then, Planning and Budgeting.
3. Proceed to Set Up Budgets.
4. Choose the fiscal years 2025-2026.
5. Click Next.
6. Finally, click Finish to confirm your selection.

For more information on creating budgets in QuickBooks Desktop (QBDT), please refer to this article: Create a budget in QuickBooks Desktop.

Furthermore, you can check this article to learn how to handle year-end tasks and get ready for the upcoming year in QuickBooks Desktop: Year-end guide for QuickBooks Desktop.

I'm going to keep this thread active so that you receive prompt assistance with your budget creation. Please remember that the Community forum is always here to support you. 

When I get to Create a New Budget it only gives me 2026. I need 2025-2026.

Thank you for continuing to respond to the thread, operation Nightwatch. For the successful preparation of the 2025-2026 budget, we need to update the Fiscal Year in the Company Information. Allow me to guide you through the process.

Here's how:

1. Navigate to the Company section.
2. Click on My Company.
3. Click the pencil icon in the Company Information.
4. Then, go to Report Information.
5. Choose your preferred start month for the fiscal year (April).
6. Click Okay to confirm.

After updating the Fiscal Year, let's go back and create again a new budget.

1. Return to creating the budget by clicking on Planning and Budgeting.
2. Proceed to Set Up Budgets.
3. Choose the fiscal years 2025-2026.
4. Click Next.
5. Finally, click Finish to confirm your selection.

For more information on creating budgets in QuickBooks Desktop (QBDT), please refer to this article: Create a budget in QuickBooks Desktop.

Furthermore, you can check this article to learn how to handle year-end tasks and get ready for the upcoming year in QuickBooks Desktop: Year-end guide for QuickBooks Desktop.

I'm going to keep this thread active so that you receive prompt assistance with your budget creation. Please remember that the Community forum is always here to support you. 

That was what I needed.  Thank you so much.

Hi there, Nightwatch.

I’m pleased to hear that the information provided by my colleague has addressed your concern regarding budget preparation.

If you need any further assistance, please feel free to reply to this thread or start a new one. Have a great day!