How do you set fiscal year settings in QuickBooks?

To set fiscal year settings in QuickBooks, you would navigate to Company Settings under the Company menu. This is the correct approach as the fiscal year configuration is related to the company's financial reporting and accounting calendar, which is maintained within the company settings.

By accessing the Company Settings, you can specify the start and end dates of your fiscal year, which is crucial for accurate financial reporting and alignment with tax requirements. QuickBooks utilizes this information to generate proper financial reports and to manage accounting periods effectively.

Other options focus on areas that do not pertain to fiscal year settings. User Preferences and Preferences do not offer the relevant options for adjusting fiscal year settings. The Reports menu also does not provide any functions for setting or modifying fiscal year parameters, as it is primarily intended for generating and viewing reports based on existing data.