Why does Quicken display FY based on year end?

According to the IRS, the Fiscal Year is the year in which it starts, not when it ends. I'm Treasurer for a small non-profit which was set up to start the fiscal year (FY) in November. The previous FY ended on 10/31/2019. When I start to create a new budget, Quicken displays it as "2020 (FY)". Shouldn't it be named "2019 (FY)"?

Best Answer


  • BrendaP
    BrendaP Member
    Thank you for the clarification, Sherlock!
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