diff --git a/app/Helpers/FiscalHelper.php b/app/Helpers/FiscalHelper.php
new file mode 100644
index 0000000000..1d33aa5d8f
--- /dev/null
+++ b/app/Helpers/FiscalHelper.php
@@ -0,0 +1,78 @@
+<?php
+
+namespace FireflyIII\Helpers;
+
+use Carbon\Carbon;
+use Preferences;
+
+/**
+ * Class FiscalHelper
+ *
+ * @package FireflyIII\Helpers
+ */
+class FiscalHelper implements FiscalHelperInterface
+{
+
+    /** @var bool */
+    protected $useCustomFiscalYear;
+
+    /**
+     * FiscalHelper constructor.
+     *
+     * @codeCoverageIgnore
+     *
+     */
+    public function __construct()
+    {
+        if (Preferences::get('customFiscalYear', 0)->data) {
+            $this->useCustomFiscalYear = true;
+        } else {
+            $this->useCustomFiscalYear = false;
+        }
+    }
+
+    /**
+     * @param Carbon $date
+     *
+     * @return Carbon date object
+     */
+    public function startOfFiscalYear(Carbon $date)
+    {
+        // get start mm-dd. Then create a start date in the year passed.
+        $startDate = clone $date;
+        if ($this->useCustomFiscalYear === true) {
+            $prefStartStr = Preferences::get('fiscalYearStart', '01-01')->data;
+            list($mth, $day) = explode('-', $prefStartStr);
+            $startDate->month(intval($mth))->day(intval($day));
+
+            // if start date is after passed date, sub 1 year.
+            if ($startDate > $date) {
+                $startDate->subYear();
+            }
+        } else {
+            $startDate->startOfYear();
+        }
+        return $startDate;
+    }
+
+    /**
+     * @param Carbon $date
+     *
+     * @return Carbon date object
+     */
+    public function endOfFiscalYear(Carbon $date)
+    {
+        // get start of fiscal year for passed date
+        $endDate = $this->startOfFiscalYear($date);
+        if ($this->useCustomFiscalYear === true) {
+            // add 1 year and sub 1 day
+            $endDate->addYear();
+            $endDate->subDay();
+        } else {
+            $endDate->endOfYear();
+        }
+
+
+        return $endDate;
+    }
+}
diff --git a/app/Helpers/FiscalHelperInterface.php b/app/Helpers/FiscalHelperInterface.php
new file mode 100644
index 0000000000..55fc8b7d5e
--- /dev/null
+++ b/app/Helpers/FiscalHelperInterface.php
@@ -0,0 +1,35 @@
+<?php
+
+namespace FireflyIII\Helpers;
+
+use Carbon\Carbon;
+
+/**
+ * Interface FiscalHelperInterface
+ *
+ * @package FireflyIII\Helpers
+ */
+interface FiscalHelperInterface
+{
+
+    /**
+     * This method produces a clone of the Carbon date object passed, checks preferences
+     * and calculates the first day of the fiscal year.
+     *
+     * @param Carbon     $start
+     *
+     * @return Carbon date object
+     */
+    public function startOfFiscalYear(Carbon $date);
+
+    /**
+    * This method produces a clone of the Carbon date object passed, checks preferences
+    * and calculates the last day of the fiscal year.
+     *
+     * @param Carbon     $date
+     *
+     * @return Carbon date object
+     */
+    public function endOfFiscalYear(Carbon $start);
+
+}
diff --git a/app/Helpers/Report/ReportHelper.php b/app/Helpers/Report/ReportHelper.php
index 9cfccfd6f7..bedafc34ca 100644
--- a/app/Helpers/Report/ReportHelper.php
+++ b/app/Helpers/Report/ReportHelper.php
@@ -4,6 +4,7 @@ namespace FireflyIII\Helpers\Report;
 
 use Carbon\Carbon;
 use DB;
+use FireflyIII\Helpers\FiscalHelper;
 use FireflyIII\Helpers\Collection\Account as AccountCollection;
 use FireflyIII\Helpers\Collection\Balance;
 use FireflyIII\Helpers\Collection\BalanceEntry;
@@ -388,13 +389,14 @@ class ReportHelper implements ReportHelperInterface
         $start  = clone $date;
         $end    = Carbon::now();
         $months = [];
+        $fiscalHelper = new FiscalHelper;
         while ($start <= $end) {
-            $year = $start->year;
+            $year = $fiscalHelper->endOfFiscalYear($start)->year;
 
             if (!isset($months[$year])) {
                 $months[$year] = [
-                    'start'  => Carbon::createFromDate($year, 1, 1)->format('Y-m-d'),
-                    'end'    => Carbon::createFromDate($year, 12, 31)->format('Y-m-d'),
+                    'start'  => $fiscalHelper->startOfFiscalYear($start)->format('Y-m-d'),
+                    'end'    => $fiscalHelper->endOfFiscalYear($start)->format('Y-m-d'),
                     'months' => [],
                 ];
             }
diff --git a/app/Http/Controllers/PreferencesController.php b/app/Http/Controllers/PreferencesController.php
index 9cc7d3e861..461937a273 100644
--- a/app/Http/Controllers/PreferencesController.php
+++ b/app/Http/Controllers/PreferencesController.php
@@ -39,10 +39,13 @@ class PreferencesController extends Controller
         $budgetMax         = Preferences::get('budgetMaximum', 1000);
         $language          = Preferences::get('language', env('DEFAULT_LANGUAGE', 'en_US'))->data;
         $budgetMaximum     = $budgetMax->data;
+        $customFiscalYear  = Preferences::get('customFiscalYear', 0)->data;
+        $fiscalYearStartStr  = Preferences::get('fiscalYearStart', '01-01')->data;
+        $fiscalYearStart   = date('Y') . '-' . $fiscalYearStartStr;
 
         $showIncomplete = env('SHOW_INCOMPLETE_TRANSLATIONS', 'false') == 'true';
 
-        return view('preferences.index', compact('budgetMaximum', 'language', 'accounts', 'frontPageAccounts', 'viewRange', 'showIncomplete'));
+        return view('preferences.index', compact('budgetMaximum', 'language', 'accounts', 'frontPageAccounts', 'viewRange', 'customFiscalYear', 'fiscalYearStart', 'showIncomplete'));
     }
 
     /**
@@ -70,6 +73,12 @@ class PreferencesController extends Controller
         $budgetMaximum = intval(Input::get('budgetMaximum'));
         Preferences::set('budgetMaximum', $budgetMaximum);
 
+        // custom fiscal year
+        $customFiscalYear = (int) Input::get('customFiscalYear');
+        Preferences::set('customFiscalYear', $customFiscalYear);
+        $fiscalYearStart = date('m-d', strtotime(Input::get('fiscalYearStart')));
+        Preferences::set('fiscalYearStart', $fiscalYearStart);
+
         // language:
         $lang = Input::get('language');
         if (in_array($lang, array_keys(Config::get('firefly.languages')))) {
diff --git a/app/Providers/FireflyServiceProvider.php b/app/Providers/FireflyServiceProvider.php
index e14c051aae..adf8486710 100644
--- a/app/Providers/FireflyServiceProvider.php
+++ b/app/Providers/FireflyServiceProvider.php
@@ -113,6 +113,7 @@ class FireflyServiceProvider extends ServiceProvider
         $this->app->bind('FireflyIII\Helpers\Help\HelpInterface', 'FireflyIII\Helpers\Help\Help');
         $this->app->bind('FireflyIII\Helpers\Report\ReportHelperInterface', 'FireflyIII\Helpers\Report\ReportHelper');
         $this->app->bind('FireflyIII\Helpers\Report\ReportQueryInterface', 'FireflyIII\Helpers\Report\ReportQuery');
+        $this->app->bind('FireflyIII\Helpers\FiscalHelperInterface', 'FireflyIII\Helpers\FiscalHelper');
 
 
     }
diff --git a/resources/lang/en_US/firefly.php b/resources/lang/en_US/firefly.php
index 6143ad0d6d..fb8aaa0b34 100644
--- a/resources/lang/en_US/firefly.php
+++ b/resources/lang/en_US/firefly.php
@@ -169,6 +169,10 @@ return [
     'pref_6M'                                => 'Six months',
     'pref_languages'                         => 'Languages',
     'pref_languages_help'                    => 'Firefly III supports several languages. Which one do you prefer?',
+    'pref_custom_fiscal_year'                => 'Fiscal year settings',
+    'pref_custom_fiscal_year_label'          => 'Enabled',
+    'pref_custom_fiscal_year_help'           => 'In countries that use a financial year other than January 1 to December 31, you can switch this on and specify start / end days of the fiscal year',
+    'pref_fiscal_year_start_label'           => 'Fiscal year start date',
     'pref_save_settings'                     => 'Save settings',
 
     // profile:
diff --git a/resources/views/preferences/index.twig b/resources/views/preferences/index.twig
index f847fa1f6d..30416d2918 100644
--- a/resources/views/preferences/index.twig
+++ b/resources/views/preferences/index.twig
@@ -45,6 +45,19 @@
                     {{ ExpandedForm.amount('budgetMaximum',budgetMaximum,{'label' : 'Budget maximum'}) }}
                 </div>
             </div>
+            <div class="box">
+                <div class="box-header with-border">
+                    <h3 class="box-title">{{ 'pref_custom_fiscal_year'|_ }}</h3>
+                </div>
+                <div class="box-body">
+                    <p class="text-info">
+                        {{ 'pref_custom_fiscal_year_help'|_ }}
+                    </p>
+                    {% set isCustomFiscalYear = customFiscalYear == 1 ? true : false %}
+                    {{ ExpandedForm.checkbox('customFiscalYear','1',isCustomFiscalYear,{ 'label' : 'pref_custom_fiscal_year_label'|_ }) }}
+                    {{ ExpandedForm.date('fiscalYearStart',fiscalYearStart,{ 'label' : 'pref_fiscal_year_start_label'|_ }) }}
+                </div>
+            </div>
 
         </div>
         <div class="col-lg-6 col-md-6 col-sm-6">