Why does Quicken display FY based on year end?

BrendaP
BrendaP Quicken Windows Subscription Member
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)"?

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  • BrendaP
    BrendaP Quicken Windows Subscription Member
    Thank you for the clarification, Sherlock!
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