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joelelouise
Level 1

Is there a way to change the fiscal year dates for budgeting? our year runs July to June

 
1 Comment 1
Carneil_C
QuickBooks Team

Is there a way to change the fiscal year dates for budgeting? our year runs July to June

I know how we can modify the fiscal year for your budgeting, @joelelouise.

 

In QuickBooks Online, we can change the first month of the fiscal year. Thus, the system defaults to 12 months. I'd be delighted to guide you on how:

 

  1. Go to the Gear icon and select Accounts and Settings.
  2. Go to the Advanced section.
  3. Click the Pencil icon in the Accounting section.
  4. Choose July as the First month of fiscal year selection.
  5. Hit Save, then Done.

    image.png

 

I've also added this article for information on how the budget works in QBO: Create and import budgets into QuickBooks Online.

 

Also, this resource can help you manage the budget by class in the future: Set budget targets for each class.

 

Please let me know if you need clarification about budgets or other QBO-related tasks. I'll be standing by for your response. Stay safe always.

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