Wave sets your fiscal year end to December 31st by default. Follow these steps to change the fiscal year end of your business to a different date.
- Click on your business name in the top right corner.
- Click Business settings from the drop-down menu.
- Under the Accounting heading on the Settings menu, select Dates & Currency.
- In the Fiscal Year End field, select the date you want to set.
- Click Save.
You're done! Your Wave account will now reflect the new fiscal year-end.
Wave follows the date format Year-Month-Day, which cannot be customized at this time.