fiscal year labels in reports

[SOKrueger]

In reports, HubSpot incorrectly defines the fiscal year setting based on the START date rather than the END date. 

Our fiscal year is July 1 to June 30. Reports that include something in October 2021 and March 2022 are wrongly included in the FY 2021 label, when they should be labeled as FY 2022.

I don't know why HubSpot would choose to name the fiscal year on the date the FY starts, given that the accepted definition of a fiscal year is based on the end date.

- From https://www.investopedia.com/terms/f/fiscalyear.asp: Fiscal years are referenced by their end date or end year.

- From https://www.masterclass.com/articles/fiscal-year-explained: A company’s fiscal year always aligns with the end date of a given 12-month period. For example, a fiscal year from May 1 2020 to April 30 2021 would be FY 2021.

- From https://learn.robinhood.com/articles/3CYkRYtZcIO70KOJGRxhl8/what-is-a-fiscal-year/: A fiscal year starting on July 1, 2018, and ending on June 30, 2019, refers to the fiscal year 2019, or FY 2019. 

Please make this correction in HubSpot. The Fiscal Year setting is confusing and unusable in reports if it shows the wrong fiscal year.

[SOKrueger]

Hi @SOKrueger, 

Once again, thanks so much for alerting us to this issue. I'm happy to report that fiscal year reporting has been corrected to follow the end year vs the start year, so you'll be able to get the full benefit of using this custom setting. 

All the best,

Kit

[SOKrueger]

Thank you for sharing this valuable feedback, Sperry! You are correct—the custom report builder is going off the starting year vs the ending year, which is incorrect for fiscal year reporting. I am actively working with our team to correct this behavior and will update this post as soon as this fix is implemented. 

[kit-lyman]

Thank you for sharing this valuable feedback, Sperry! You are correct—the custom report builder is going off the starting year vs the ending year, which is incorrect for fiscal year reporting. I am actively working with our team to correct this behavior and will update this post as soon as this fix is implemented. 

[kit-lyman]

Hi @SOKrueger, 

Once again, thanks so much for alerting us to this issue. I'm happy to report that fiscal year reporting has been corrected to follow the end year vs the start year, so you'll be able to get the full benefit of using this custom setting. 

All the best,

Kit