How can i open a new financial year? Eg, I have completed 2018/2019 finacial year and now i want to start 2019/2020 financial year.


Good day, isuri,

QuickBooks Online starts a new financial year according to the fiscal year you set in the company settings.

To check or change the settings, here's how:

  1. Click the Gear icon.
  2. Select Account and Settings.
  3. Select Advanced.
  4. Click Accounting.
  5. Create necessary changes or Close the books.
  6. Click Save.

You can also do a bank reconciliation to fix your current financial account or start a new company file.

If you have other questions in mind, don't hesitate to let me know.

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IntuitMaryL , Community Support Specialist
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