Hi there, @sonja7.
Setting up the fiscal year-end date in Quickbooks Online is just less clicks. I'm happy to guide you with the whole process.
- Go to the Gear icon, then choose Account and Settings.
- Select the Advanced button on the left side.
- Hit the Pencil icon perpendicular to Accounting.
- Pick July in the first month of the fiscal year drop-down.
- Tap Save, then Done.
You can always run different reports to evaluate how your business has performed over the last year and support you in settling your taxes. Simply go to the Reports tab, then customize it.
For more details, visit this article: FAQ: How to use year-end reports.
I've also added these articles below about the various tasks for upcoming year-end and advanced settings in QBO.
Let me know if you have follow-up questions by clicking the Reply button underneath. I'm always here, ready to help. Keep safe!