Fiscal Year Change

aorange
New Contributor III

Hello, 

I am wondering if there is any way to change a fiscal year once we have been using the application for quite sometime (several years.) 

Our current Fiscal year is 2025 so all the data is being imported into year 2025, but we now need to adjust our fiscal year one year back.  So everything in 2025 becomes 2024.  

Is this possible?  Or what options might I think about? Would I need to setup and start using a new scenario?

Any ideas, comments, suggestions would be greatly appreciated. 

Thank you

 

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