My current fiscal year is set to month starting January. I am looking to change fiscal year to mth starting July. Does the roll forward of equity in QB only default 12mth

Hello @morena-koh,

Yes, QuickBooks Online covers the default 12 months within the fiscal year. Let me walk you through the steps on how you can change it.

1. Go to the Gear icon.
2. Under YOUR COMPANY, select Accounts and Settings.
3. Select Advanced.
4. On the Accounting section, select the Pencil icon.
5. Choose July on the First month of fiscal year selection.
6. Select Save.
7. Click Done.

From here, you'll also notice the changes in the dates of your report as you review your business's income and expenses.

Additionally, I've also included this reference for a compilation of articles you can use while working with us: Know where you stand financially.

If there's anything else that I can help you with, please let me know in the comments below. I'll be here to lend a hand.