How to change dates for Fiscal Startup

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CSRBC
Posts: 1
Joined: 14 Jan 2012 12:30
Product: Cashbook
Region: Canada

How to change dates for Fiscal Startup

Post by CSRBC » 14 Jan 2012 12:44

I am new at computer programs for Accounting, having used the black accounting book for years in our Charity.

I want to start fresh with our Fiscal year, Oct 1 2011. I can't even enter anything until I can get this changed.
Any help will be appreciated.
Thanks

Carol

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nasupport
Posts: 52
Joined: 06 Sep 2011 05:24
Product: Gold
Region: Canada
Location: Mississauga, Ontario
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Re: How to change dates for Fiscal Startup

Post by nasupport » 18 Jan 2012 05:33

The easiest & fastest way is to save the current file as an Empty clone

With the existing file open, go to the File Menu and select Save a Copy As... when the Save a Copy As window opens, select Save as an Empty Clone and enter September 30, 2011 as the Balance date. This will create a new file, with the same chart of accounts, existing names, existing items if any, but no transactions (in other words a brand new file). The financial year of the file will be October 1, 2011 to September 30 2012, with September 2011 being the setup period.

shayanjameel08
Posts: 9
Joined: 21 Oct 2013 17:37

Re: How to change dates for Fiscal Startup

Post by shayanjameel08 » 24 Oct 2013 00:33

Most U.S. businesses report their taxable income on a calendar year. But in some instances, they might find it preferable to report on a fiscal year, a 12-month period that ends sometime other than December 31.

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