[GNC] Default Accounting period permanent change (Ver 4.6 still..)
Stan Brown
the_stan_brown at fastmail.fm
Sat Oct 9 22:17:14 EDT 2021
On 2021-10-09 18:22, prl wrote:
> GnuCash really only caters for fiscal years where the fiscal year
> happens to be the same as the calendar year. According to the Wikipedia
> entry, that's the most common choice, but there are quite a lot of
> countries where it's not the case.
>
> For example: Australia, Canada (for personal/corporate), Hong Kong,
> India, New Zealand (personal/corporate) & UK (different dates for
> government and personal/corporate). And despite fairly close ties
> between Australia and New Zealand in other matters, Australia and New
> Zealand have different fiscal years for personal/corporate use). The USA
> has three different dates, federal, state and personal/corporate, though
> the latter is the calendar year.
The US Government fiscal year is 1 Oct through 30 Sept. Individual
states have other fiscal years. Corporations and other businesses can
have any fiscal year they like, for accounting purposes or tax purposes
or both.
--
Stan Brown
Tehachapi, CA, USA
https://BrownMath.com
https://OakRoadSystems.com
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