How to change the fiscal year
Your managing organization must make the change for you. If you use the software independently of a managing organization, ParishSOFT Support must make the change for you. When you want the change to be made, simply contact support.
What impact does the change have?
Once the fiscal year is changed, all of the prior period reporting will be based on the dates of the new fiscal year.
For example, if your fiscal year starts out as the calendar year and you change it to August 1 - September 30, you will no longer be able to run a Statement of Activities for the calendar year. The software will act as if the fiscal year August - September was always in place.