Level 1

Start Fiscal Year On Specific Date

Hi everyone,

 

We are a restaurant company using a 13-period system for our fiscal year, so our fiscal year starts and ends on a different day each year. On Quickbooks online it appears that it is not possible to begin a fiscal year on a specific date (i.e. 12/29/19) - the only setting is to choose a beginning month, but the year will always begin on the first of that month (i.e. 12/1/19). I was told by a support rep that it IS possible to start the fiscal year on a specific date in Quickbooks Desktop, but from reading a few other threads it appears that may be incorrect. Can anyone tell me if it is possible to designate a specific date other than the first of a month to begin our fiscal year if we use Quickbooks Desktop?

 

Thank you,

Mike