# Check your accounting setup

Review accrual accounting, choose the base currency and change the fiscal year start.

Canonical: https://demo.qixcount.com/help/setup/accounting-setup

Who can do this: Owners, or people with *Manage business settings, roles & permissions*

Where: Settings, then Accounting setup

Accounting setup controls the currency and year used by your books. You need access to Accounting and the Manage business settings, roles & permissions permission.

## Review your books

1. Open **Settings**.
2. Select **Accounting setup**.
3. Review **Accounting basis**, **Base currency** and **Fiscal year starts**.

The basis is displayed as **Accrual**. This screen does not offer a cash-basis switch. Nonprofit uses USD.

![Accounting setup with the base currency and fiscal year](https://demo.qixcount.com/images/help/setup-accounting-setup.webp)

## Change the base currency

For General, select **Change** beside the currency before any transaction has been posted. Select the currency in the panel, then select **Change currency**.

The currency locks after the first posted transaction, including one later removed from the normal transaction list. Select **Why it's locked** to read the explanation. Contact support if the business was created with the wrong currency. Selecting a base currency does not add foreign-currency accounting.

## Change the fiscal year start

> [!WARNING]
> This changes report grouping. Posted transactions keep their dates. A year with closed months, an existing budget or a completed year-end close may block the change. Review the error with your accountant rather than removing completed accounting work to force a change.

1. Select **Change** beside the fiscal year start.
2. Select **Month**.
3. Select **Day**, from 1 through 28.
4. Review the displayed date range and effects.
5. Select **I understand this changes how my reports are grouped.**
6. Select **Change fiscal year**.

Continue with [Choose year-end accounts](https://demo.qixcount.com/help/setup/year-end-accounts) and [Set document number prefixes](https://demo.qixcount.com/help/setup/document-numbers).

## Good to know

Owners have this permission; other members need it assigned.