Our org has taken the decision to change fiscal years (moving from July-June to Sept-Aug) later this year. In order to make the transition from an audit perspective, we are having a "short" fiscal year in July and August before officially starting a new fiscal year on Sept 1.
Has anyone else done something similar and can advise on how to reflect this change in NPSP? I'm wondering any best practices for how to manage a "short year," when to officially change the FY setting in Setup, and generally what to look out for in terms of future reporting (i.e. fiscal years will now be slightly different). Any help would be much appreciated!
I didn't find any similar questions, but apologies if this has been answered before.
Hat tip to the Pub Crawl for alerting me to the existence of this thread!
But next time tag me directly if you know it's something I should see.
