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amorganamorgan 

Fiscal Year starts January, based on ending month

If today is 2009 and someone selects their fiscal year to start on January and they based the year on the ending month then wouldn't the Fiscal Year still be FY 2009?
It seems that the option to base the fiscal year on "the ending month" or "the starting month" makes no sense if the starting month is January.

Is this true?
NCMIAMINCMIAMI

- I agree, this is confusing if your fiscal year starts in January. I'm not sure if I am suppose to select that is is definied by the end month or the begining month and don't know the consequences. 

 

Any input is valued.