If a church's administration decides to change its fiscal year date range (from a calendar fiscal year to a non-calendar fiscal year or vice versa), this change will need to be reflected in the Church360° software.
To do this, a Finance administrator will go into the Fiscal Years view and determine when the current fiscal year should end.
To end a fiscal year,
- Click on the gear icon to open your Settings view.
- Scroll down the navigation menu on the left and select “Fiscal Years” under the Finance section.
- Under Book Settings, choose the last month of your current fiscal year. The fiscal year will end on the last day of that selected month.
- Click "Update" to save your changes.
- From here, you will continue to operate as you normally would. On the first day of the next fiscal year, a partial fiscal year will be generated, allowing you to start your new fiscal year with a full 12 months.
Changing the fiscal year will cause a partial year to be created for reporting. You may need to pull information from previous fiscal months to report fully within your new fiscal year for the first 12 months. Please feel free to reach out to support if you have any questions on report or budget generation for partial years.