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Как поменять начало финансового года

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Problem: How to change the Fiscal (Financial) Year Starts?

Solution: Set up needful Entity's fiscal year starts in Accounting Parameters.


The fiscal (financial)yearis the mainreportingperiod in accounting.

Theannualaccountingstatementsreflectall the facts of the organization's businesslife that occurredduring the financialyear: the movement of assets,equityandliabilities,cashflows, the accumulation of incomeandexpenses, and the formation of financialresults.

Usually financial year = calendar year, that starts from January.


Example:

Via Statement of financial position (Balance Sheet) report is needed to analyse May 2024:
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Trial balance shows results from January 2024 to May 2024 (fiscal year):
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In order to change Fiscal Year Start follow the steps:

1. Go to Accounting > Entities:
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2. Select the needful Entity:
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3. At Accounting Parameters tab, change the Fiscal Year Starts to June and save changes:

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After applied changes, Statement of financial position (Balance Sheet) and Trial Balance show period from June 2023 to May 2024:

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