How to Make Adjusting Entries
For example, a business may choose its fiscal year to begin on April 1, 2019, and end on March 31, 2020. This can be common practice for corporations and may best reflect the operational flow of revenues and expenses for a particular https://quickbooks-payroll.org/best-accounting-software-for-nonprofits-2023/ business. In addition to annual reporting, companies often need or choose to …