how to set up starting balance on quickbooks for mac 2016

Many have default answers that a person may accept at the time, but later realize are incorrect.

Changing the information after the fact is thankfully not difficult.

For instance, its easy to change from a calendar year to a fiscal year.

Once you choose Company from the top menu, the Company Information screen automatically opens.

On this screen, in the lower-left corner, there is a section called Report Information.

In this section the first month of the fiscal year for book and tax can be adjusted.

If the company also files taxes on the fiscal year, change both the fiscal year and tax year months.

About the Author Paula McCullough began freelance writing in 2011.

With experience in accounting and business, she writes for various online publications.

McCullough holds a Bachelor of Science in Business Administration with a major in accounting from Chapman University.

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How To Set Up Starting Balance On Quickbooks For Mac 2016