Fiscal Year Just Completed

This field displays the fiscal year that you've completed. This field is for your information only and can't be changed.

If you haven't made all your accounting entries in this year, click the Cancel button and make those entries before continuing the process of starting a new year.

New Fiscal Year

Enter the new fiscal year in this field, or accept the default year.

The Last Month of the New Fiscal Year

If you wish, you can use a last month in the new fiscal year that's different than the month you used in the previous fiscal year. Select the different month from this list.

If you change your fiscal year structure, consult an accountant about reporting requirements for "short" fiscal years.

Number of Periods in New Fiscal Year

If you wish, you can use a number of periods in the new fiscal year that's different than the number of periods in the previous fiscal year. Select the different number from this list.

You can change from 13 to 12 periods only if you didn't enter transactions in the previous fiscal year's 13th period.

Cancel button

Click this button to close this window and stop the process of starting a new fiscal year.

Continue button

Click this button to continue the process of starting a new fiscal year.