Changing Fiscal Year

Hello there, @jkitners.

Let me shed some light about adding fiscal year in QuickBooks Online.

At this time, you can only select one fiscal year in QuickBooks. This will be based on the start date of your fiscal year. In your case, you'll need to choose one the business period to be tracked in QBO.

Know that, changing your fiscal year or the start of your financial year will also change the dates in your report. However, your data will not change, so you can simply enter the dates, when you need to see the data in your previous financial year.

To change the start of your fiscal year in the settings:

1. Click on the Gear icon and choose Accounts and Settings.
2. Select the Advanced tab and click on the Accounting section.
3. Choose September for the first month of fiscal year option. 
4. Click Save, and then Done.

Once done, you can now start pulling up reports that contains your transactions for the previous and current FY. Feel free to check out these links to guide you how: 

• Customize reports in QuickBooks Online 
• Memorize reports in QuickBooks Online 

I'm always around if you have other questions or concerns with QuickBooks. Have a good one, @jkitners.

When I click on Accounts and Settings I do not see an Advanced tab.

I can help fix your missing Advanced tab concern, jelainebro.

Let's isolate this unexpected behavior by accessing your QuickBooks Online account using a private or incognito window. This way, we can see if this is a web browser-related issue. You can use any of these keyboard shortcuts: You can refer to these shortcut keys:

• Press Ctrl + Shift + P for Internet Explorer or Firefox.
• Press Ctrl + Shift + N for Chrome.
• Hold down Command + Shift + N for Safari.

If you're able to see the Advanced tab option, I'd recommend clearing your regular browser's cache to delete the junk files. Also, you can use other web browsers. 

You can post again if you have any other concerns. I'll be glad to assist you more.

Hi,

I am unable to complete the change. I am able to manually adjust the date and save it, but it reverts back to the original fiscal year when I leave. How do I permanently change this, I am unable to see a "Done" button.

Hey, @Alex0221. 

Thanks for joining in on this thread. 

If none of the steps worked above from my colleagues, then I recommend contacting our Customer Support Team for further assistance. Here's how: 

1. Go to the Help icon in the top right-hand corner. 
2. Press the Contact Us button. 
3. Enter your question and hit Let's talk. 
4. Scroll down and choose to Get a callback. 

Keep us updated on how the call goes. We're always here to have your back. Have a great day!