Adding a New Financial Year

Click on the Financial Year drop down menu above the toolbar.

Then select Add New Financial Year from the list in the drop down menu.

Click Create next to the financial year that you would like to create.

Now you’re ready to setup your bank account(s) and budget.


  1. Bob Guernsey

    How do I transfer obligation templates to the next year

    1. Cyndi Meuchel

      We don’t currently do this because we don’t know what date the obligation should fall on in future years. Since days of the week change every year, we don’t want to make assumptions. We are looking at copying date-less templates over in a future release.

  2. Yessi Osorio

    Hi. How do I change my financial year if I accidentally started it incorrectly?

    1. Cyndi Meuchel

      Hi Yessi

      I’d be happy to change that for you. Can you email me at [email protected] with the month you’d like your financial year to start? I’ll take it from there.


  3. Julie Heelein

    How can I change beginning balances? We found a mistake and I needed to make changes to my previous fiscal year and I need to change my beginning balances.


    1. Cyndi Meuchel

      Hi Julie,

      To change your starting bank balance you’ll go to Banking > Edit (the account you need to change). Keep in mind that if you’ve reconciled your account already then you’ll not be able to change this without un-reconciling.

      I’d be happy to walk you thru this if you need help. Just email or phone:

      [email protected]
      (866) 346-4300

      – Cyndi

  4. Shasmond Burnett

    How do I add payments under my contacts? I am not able to add what they have paid towards their obligations

    1. Cyndi Meuchel

      Hi Shasmond,

      Happy to help! I sent you an email with step-by-step instructions and screen shots. Look for that!


  5. When I start a new financial year, do the balances carry forward to the new year for each contact?

    1. Cyndi Meuchel

      Hi Abbe,

      You have a choice. When you copy your contacts over to the next financial year you’ll see an option to carry the balances forward. If you check the box, you’ll carry them forward. If you don’t check the box you won’t. If you need a hand or we can help, please call or email and we’ll be right there with you when you’re ready to do this.


  6. Stephen Hornak

    In stating a new year I can not seem to copy the existing accounts as it gives me an error that I do not have access with the following:

    You do not have permission to perform this action or access this MoneyMinder feature

    Any assistance would be appreciated.

    1. Cyndi Meuchel

      Hi Steve,

      Give it another try. Our IT team says they’ve made a modification so that you won’t receive that error message.


  7. When I started my new fiscal year, I am no longer linked to my PayPal account and I receive this message:
    Your PayPal account is currently unauthorized.
    Clicking on the button below will display the instructions for locating your PayPal credentials. You will be asked to log in to your PayPal account and copy the credentials required to grant MoneyMinder permission to access the details of your account. Once authorization is complete, these permissions allow MoneyMinder to retrieve your PayPal transaction history for import.
    If I go back to the previous year, I am authorized to pull in my PayPal transactions. What has happened? What do I need to do?

    1. Cyndi Meuchel

      Hi Katrina,

      Great question! At this time you will need to re-authorize your PayPal credentials each financial year because the financial years are stored independent of one another. Very soon, however, that will be changing and you won’t need to do that anymore. Thanks for your patience while we improve this functionality.

      Warm regards,

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