Non-Profit Fiscal Year in QuickBooks
I entered a credit card charge of $2700 back in July '08. The credit card bills are only paid in part each month. The $2700 is showing up on a P&L for this fiscal year. Why is that?
If your fiscal year is Jul-Jun, like most nonprofits, July 08 is part of your current fiscal year. If it’s not, you may need to change your report settings at Company -> Company Information. For instance, if your fiscal year is Jan-Dec you’ll need to change the month to Jan.
Comments are closed