Fiscal years probably shouldn't be changed

Once you've established your fiscal year, you are legally limited in your ability to make changes to it. For example, if your fiscal year begins on February 1st, you may not be able to move it to March 1st. Consult your accountant or an MYOB Certified Consultant before considering any such change. (To locate an MYOB Certified Consultant in your area, see www.myob.com/us/service/consultants/index.htm.

In AccountEdge, and according to the standard used by most accountants, fiscal years take the name of the calendar year in which they end. For example, if your fiscal year is from October 1st, 2003, to September 30th, 2004, that year is referred to as "fiscal year 2004."