Can I set a start date 25th?

[John Ralls]

On Nov 4, 2011, at 9:59 PM, Liz wrote:

> On Fri, 4 Nov 2011 14:42:54 -0700 (PDT)
> hoohoo <urisan73 at gmail.com> wrote:
> 
>> No, I am not talking about a scheduled transaction.
>> 
>> I talked about "Edit/Preferences/Accounting Period/Start
>> Date/Relative"
>> 
>> Now I cannot select 25th day as Start date in Relative, no Absolute.
>> 
>> It is good that Start date is 25th day every month, because of 25th
>> is my salary day.
>> 
>> If someone's salray day is 10th, he want that 10th is Start date. 
>> 
>> 
>> 
> 
> The start date is an annual event, prescribed by your government
> through its taxation arm.
> 
> In Australia it is 1st July
> In UK it is 6th April
> In USA it is 1st October

In the USA it's 1January for most individuals and companies, though one can elect to change it and file "fiscal year" returns. 1 October is the beginning of the federal government's fiscal year, but that has nothing to do with taxation.

Regards,
John Ralls