This is the problem I'm facing with a nonprofit arts festival that has its financial year as the calendar year (for grants purposes) but makes most of its income and all its expenditure in a festival year (July to June). What's the easiest way of apportioning income and expense items to a festival year?
Dealing with two financial years at once
Mar 15, 2005
2 Replies
Change the First Month in Your Fiscal Year (Company Information) to July to print Festival Year reports, then change it back for financial purposes.
June).
To see a Report of any period simply change the Date (appearing in the top of the report) to incorporate the relevant period. In your case in the 'From' field put '1/7/04' and in the 'To' field put '6/30/05' to see a report for the period July'04 to June'05.
Mike Block - QuickBooks Tax Cut C.P.A. Intuit paid me to make QuickBooks better!
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Paul Danaher wrote: This is the problem I'm facing with a nonprofit arts festival that has its financial year as the calendar year (for grants purposes) but makes most of its income and all its expenditure in a festival year (July to June). What's the easiest way of apportioning income and expense items to a festival year?
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