diff --git a/app/Http/Controllers/Common/Dashboard.php b/app/Http/Controllers/Common/Dashboard.php
index 176953682..a33f8fb42 100644
--- a/app/Http/Controllers/Common/Dashboard.php
+++ b/app/Http/Controllers/Common/Dashboard.php
@@ -20,6 +20,9 @@ class Dashboard extends Controller
     use Currencies;
 
     public $today;
+    
+    // get any custom financial year beginning
+    public $financial_start;
 
     public $income_donut = ['colors' => [], 'labels' => [], 'values' => []];
 
@@ -33,6 +36,7 @@ class Dashboard extends Controller
     public function index()
     {
         $this->today = Date::today();
+        $this->financial_start = $financial_start = Date::parse(setting('general.financial_start'))->format('Y-m-d');
 
         list($total_incomes, $total_expenses, $total_profit) = $this->getTotals();
 
@@ -55,7 +59,8 @@ class Dashboard extends Controller
             'donut_expenses',
             'accounts',
             'latest_incomes',
-            'latest_expenses'
+            'latest_expenses',
+            'financial_start'
         ));
     }
 
@@ -123,8 +128,13 @@ class Dashboard extends Controller
 
     private function getCashFlow()
     {
-        $start = Date::parse(request('start', $this->today->startOfYear()->format('Y-m-d')));
-        $end = Date::parse(request('end', $this->today->endOfYear()->format('Y-m-d')));
+        // check and assign year start
+        if (($year_start = $this->today->startOfYear()->format('Y-m-d')) !== $this->financial_start) {
+            $year_start = $this->financial_start;
+        }
+
+        $start = Date::parse(request('start', $year_start));
+        $end = Date::parse(request('end', Date::parse($year_start)->addYear(1)->subDays(1)->format('Y-m-d')));
         $period = request('period', 'month');
         $range = request('range', 'custom');
 
diff --git a/app/Http/Controllers/Reports/ExpenseSummary.php b/app/Http/Controllers/Reports/ExpenseSummary.php
index d3d5ea2fe..91697e4d0 100644
--- a/app/Http/Controllers/Reports/ExpenseSummary.php
+++ b/app/Http/Controllers/Reports/ExpenseSummary.php
@@ -26,6 +26,17 @@ class ExpenseSummary extends Controller
 
         $status = request('status');
         $year = request('year', Date::now()->year);
+        
+        // check and assign year start
+        if (($financial_start = Date::parse(setting('general.financial_start')))->month != 1) {
+            // check if a specific year is requested
+            if (!is_null(request('year'))) {
+                $financial_start->year = $year;
+            }
+
+            $year = [$financial_start->format('Y'), $financial_start->addYear()->format('Y')];
+            $financial_start->subYear()->subMonth();
+        }
 
         $categories = Category::enabled()->type('expense')->orderBy('name')->pluck('name', 'id')->toArray();
 
@@ -39,9 +50,11 @@ class ExpenseSummary extends Controller
 
         // Dates
         for ($j = 1; $j <= 12; $j++) {
-            $dates[$j] = Date::parse($year . '-' . $j)->format('F');
+            $ym_string = is_array($year) ? $financial_start->addMonth()->format('Y-m') : $year . '-' . $j;
+            
+            $dates[$j] = Date::parse($ym_string)->format('F');
 
-            $expenses_graph[Date::parse($year . '-' . $j)->format('F-Y')] = 0;
+            $expenses_graph[Date::parse($ym_string)->format('F-Y')] = 0;
 
             // Totals
             $totals[$dates[$j]] = array(
@@ -112,7 +125,7 @@ class ExpenseSummary extends Controller
             $view_template = 'reports.expense_summary.index';
         }
 
-        $print_url = $this->getPrintUrl($year);
+        $print_url = $this->getPrintUrl(is_array($year) ? $year[0] : $year);
 
         // Expenses chart
         $chart = Charts::multi('line', 'chartjs')
diff --git a/app/Http/Controllers/Reports/IncomeExpenseSummary.php b/app/Http/Controllers/Reports/IncomeExpenseSummary.php
index 0f80a0bbd..7c9074489 100644
--- a/app/Http/Controllers/Reports/IncomeExpenseSummary.php
+++ b/app/Http/Controllers/Reports/IncomeExpenseSummary.php
@@ -30,6 +30,18 @@ class IncomeExpenseSummary extends Controller
 
         $status = request('status');
         $year = request('year', Date::now()->year);
+        
+        // check and assign year start
+        if (($financial_start = Date::parse(setting('general.financial_start')))->month != 1) {
+            // check if a specific year is requested
+            if (!is_null(request('year'))) {
+                $financial_start->year = $year;
+            }
+
+            $year = [$financial_start->format('Y'), $financial_start->addYear()->format('Y')];
+            $financial_start->subYear()->subMonth();
+        }
+
         $categories_filter = request('categories');
 
         $income_categories = Category::enabled()->type('income')->when($categories_filter, function ($query) use ($categories_filter) {
@@ -42,9 +54,11 @@ class IncomeExpenseSummary extends Controller
 
         // Dates
         for ($j = 1; $j <= 12; $j++) {
-            $dates[$j] = Date::parse($year . '-' . $j)->format('F');
+            $ym_string = is_array($year) ? $financial_start->addMonth()->format('Y-m') : $year . '-' . $j;
+            
+            $dates[$j] = Date::parse($ym_string)->format('F');
 
-            $profit_graph[Date::parse($year . '-' . $j)->format('F-Y')] = 0;
+            $profit_graph[Date::parse($ym_string)->format('F-Y')] = 0;
 
             // Totals
             $totals[$dates[$j]] = array(
@@ -153,7 +167,7 @@ class IncomeExpenseSummary extends Controller
             $view_template = 'reports.income_expense_summary.index';
         }
 
-        $print_url = $this->getPrintUrl($year);
+        $print_url = $this->getPrintUrl(is_array($year) ? $year[0] : $year);
 
         // Profit chart
         $chart = Charts::multi('line', 'chartjs')
diff --git a/app/Http/Controllers/Reports/IncomeSummary.php b/app/Http/Controllers/Reports/IncomeSummary.php
index 50a02a5f4..66825cc24 100644
--- a/app/Http/Controllers/Reports/IncomeSummary.php
+++ b/app/Http/Controllers/Reports/IncomeSummary.php
@@ -26,6 +26,17 @@ class IncomeSummary extends Controller
 
         $status = request('status');
         $year = request('year', Date::now()->year);
+        
+        // check and assign year start
+        if (($financial_start = Date::parse(setting('general.financial_start')))->month != 1) {
+            // check if a specific year is requested
+            if (!is_null(request('year'))) {
+                $financial_start->year = $year;
+            }
+
+            $year = [$financial_start->format('Y'), $financial_start->addYear()->format('Y')];
+            $financial_start->subYear()->subMonth();
+        }
 
         $categories = Category::enabled()->type('income')->orderBy('name')->pluck('name', 'id')->toArray();
 
@@ -39,9 +50,11 @@ class IncomeSummary extends Controller
 
         // Dates
         for ($j = 1; $j <= 12; $j++) {
-            $dates[$j] = Date::parse($year . '-' . $j)->format('F');
+            $ym_string = is_array($year) ? $financial_start->addMonth()->format('Y-m') : $year . '-' . $j;
+            
+            $dates[$j] = Date::parse($ym_string)->format('F');
 
-            $incomes_graph[Date::parse($year . '-' . $j)->format('F-Y')] = 0;
+            $incomes_graph[Date::parse($ym_string)->format('F-Y')] = 0;
 
             // Totals
             $totals[$dates[$j]] = array(
@@ -112,7 +125,7 @@ class IncomeSummary extends Controller
             $view_template = 'reports.income_summary.index';
         }
 
-        $print_url = $this->getPrintUrl($year);
+        $print_url = $this->getPrintUrl(is_array($year) ? $year[0] : $year);
 
         // Incomes chart
         $chart = Charts::multi('line', 'chartjs')
diff --git a/app/Http/Controllers/Reports/ProfitLoss.php b/app/Http/Controllers/Reports/ProfitLoss.php
index fd1f7b460..fa640b6af 100644
--- a/app/Http/Controllers/Reports/ProfitLoss.php
+++ b/app/Http/Controllers/Reports/ProfitLoss.php
@@ -26,6 +26,17 @@ class ProfitLoss extends Controller
 
         $status = request('status');
         $year = request('year', Date::now()->year);
+        
+        // check and assign year start
+        if (($financial_start = Date::parse(setting('general.financial_start')))->month != 1) {
+            // check if a specific year is requested
+            if (!is_null(request('year'))) {
+                $financial_start->year = $year;
+            }
+
+            $year = [$financial_start->format('Y'), $financial_start->addYear()->format('Y')];
+            $financial_start->subYear()->subQuarter();
+        }
 
         $income_categories = Category::enabled()->type('income')->orderBy('name')->pluck('name', 'id')->toArray();
 
@@ -33,7 +44,9 @@ class ProfitLoss extends Controller
 
         // Dates
         for ($j = 1; $j <= 12; $j++) {
-            $dates[$j] = Date::parse($year . '-' . $j)->quarter;
+            $ym_string = is_array($year) ? $financial_start->addQuarter()->format('Y-m') : $year . '-' . $j;
+            
+            $dates[$j] = Date::parse($ym_string)->quarter;
 
             // Totals
             $totals[$dates[$j]] = array(
diff --git a/app/Http/Controllers/Reports/TaxSummary.php b/app/Http/Controllers/Reports/TaxSummary.php
index 1907ac90d..7a588a468 100644
--- a/app/Http/Controllers/Reports/TaxSummary.php
+++ b/app/Http/Controllers/Reports/TaxSummary.php
@@ -28,6 +28,17 @@ class TaxSummary extends Controller
 
         $status = request('status');
         $year = request('year', Date::now()->year);
+        
+        // check and assign year start
+        if (($financial_start = Date::parse(setting('general.financial_start')))->month != 1) {
+            // check if a specific year is requested
+            if (!is_null(request('year'))) {
+                $financial_start->year = $year;
+            }
+
+            $year = [$financial_start->format('Y'), $financial_start->addYear()->format('Y')];
+            $financial_start->subYear()->subMonth();
+        }
 
         $t = Tax::enabled()->where('rate', '<>', '0')->pluck('name')->toArray();
 
@@ -35,7 +46,9 @@ class TaxSummary extends Controller
 
         // Dates
         for ($j = 1; $j <= 12; $j++) {
-            $dates[$j] = Date::parse($year . '-' . $j)->format('M');
+            $ym_string = is_array($year) ? $financial_start->addMonth()->format('Y-m') : $year . '-' . $j;
+            
+            $dates[$j] = Date::parse($ym_string)->format('M');
 
             foreach ($taxes as $tax_name) {
                 $incomes[$tax_name][$dates[$j]] = [
diff --git a/app/Traits/DateTime.php b/app/Traits/DateTime.php
index afa8e346b..549f68af9 100644
--- a/app/Traits/DateTime.php
+++ b/app/Traits/DateTime.php
@@ -29,6 +29,18 @@ trait DateTime
 
         $start = Date::parse($year . '-01-01')->format('Y-m-d');
         $end = Date::parse($year . '-12-31')->format('Y-m-d');
+        
+        // check if financial year has been customized
+        $financial_start = Date::parse(setting('general.financial_start'));
+
+        if (Date::now()->startOfYear()->format('Y-m-d') !== $financial_start->format('Y-m-d')) {
+            if (!is_null(request('year'))) {
+                $financial_start->year = $year;
+            }
+
+            $start = $financial_start->format('Y-m-d');
+            $end = $financial_start->addYear(1)->subDays(1)->format('Y-m-d');
+        }
 
         return $query->whereBetween($field, [$start, $end]);
     }
@@ -70,4 +82,4 @@ trait DateTime
 
         return $groups;
     }
-}
\ No newline at end of file
+}
diff --git a/database/seeds/Settings.php b/database/seeds/Settings.php
index 6856a7540..a1d3217ff 100644
--- a/database/seeds/Settings.php
+++ b/database/seeds/Settings.php
@@ -4,6 +4,7 @@ namespace Database\Seeds;
 
 use App\Models\Model;
 use Illuminate\Database\Seeder;
+use Date;
 use Setting;
 
 class Settings extends Seeder
@@ -28,6 +29,7 @@ class Settings extends Seeder
 
         Setting::set([
             'general.date_format'               => 'd M Y',
+            'general.financial_start'           => Date::now()->startOfYear()->format('d F'),
             'general.date_separator'            => 'space',
             'general.timezone'                  => 'Europe/London',
             'general.percent_position'          => 'after',
diff --git a/resources/lang/en-GB/settings.php b/resources/lang/en-GB/settings.php
index 4ba42cacb..3b7409ced 100644
--- a/resources/lang/en-GB/settings.php
+++ b/resources/lang/en-GB/settings.php
@@ -12,13 +12,14 @@ return [
     'localisation' => [
         'tab'               => 'Localisation',
         'date' => [
-            'format'        => 'Date Format',
-            'separator'     => 'Date Separator',
-            'dash'          => 'Dash (-)',
-            'dot'           => 'Dot (.)',
-            'comma'         => 'Comma (,)',
-            'slash'         => 'Slash (/)',
-            'space'         => 'Space ( )',
+            'format'            => 'Date Format',
+            'financial_start'   => 'Financial year start',
+            'separator'         => 'Date Separator',
+            'dash'              => 'Dash (-)',
+            'dot'               => 'Dot (.)',
+            'comma'             => 'Comma (,)',
+            'slash'             => 'Slash (/)',
+            'space'             => 'Space ( )',
         ],
         'timezone'          => 'Time Zone',
         'percent' => [
diff --git a/resources/views/common/dashboard/index.blade.php b/resources/views/common/dashboard/index.blade.php
index 920f67a19..384c53ad1 100644
--- a/resources/views/common/dashboard/index.blade.php
+++ b/resources/views/common/dashboard/index.blade.php
@@ -252,8 +252,8 @@
 @push('scripts')
 <script type="text/javascript">
     $(function() {
-        var start = moment().startOf('year');
-        var end = moment().endOf('year');
+        var start = moment('{{ $financial_start }}');
+        var end = moment('{{ $financial_start }}').add('1', 'years').subtract('1', 'days');
 
         function cb(start, end) {
             $('#cashflow-range span').html(start.format('D MMM YYYY') + ' - ' + end.format('D MMM YYYY'));
@@ -263,8 +263,8 @@
             startDate: start,
             endDate: end,
             ranges: {
-                '{{ trans("reports.this_year") }}': [moment().startOf('year'), moment().endOf('year')],
-                '{{ trans("reports.previous_year") }}': [moment().subtract(1, 'year').startOf('year'), moment().subtract(1, 'year').endOf('year')],
+                '{{ trans("reports.this_year") }}': [start, end],
+                '{{ trans("reports.previous_year") }}': [moment('{{ $financial_start }}').subtract(1, 'year'), moment('{{ $financial_start }}').subtract('1', 'days')],
                 '{{ trans("reports.this_quarter") }}': [moment().startOf('quarter'), moment().endOf('quarter')],
                 '{{ trans("reports.previous_quarter") }}': [moment().subtract(1, 'quarter').startOf('quarter'), moment().subtract(1, 'quarter').endOf('quarter')],
                 '{{ trans("reports.last_12_months") }}': [moment().subtract(11, 'months').startOf('month'), moment().endOf('month')]
@@ -330,8 +330,8 @@
 
     function getRange(picker) {
         ranges = {
-            '{{ trans("reports.this_year") }}': 'this_year',
-            '{{ trans("reports.previous_year") }}': 'previous_year',
+            '{{ trans("reports.this_year") }}': 'custom',
+            '{{ trans("reports.previous_year") }}': 'custom',
             '{{ trans("reports.this_quarter") }}': 'this_quarter',
             '{{ trans("reports.previous_quarter") }}': 'previous_quarter',
             '{{ trans("reports.last_12_months") }}': 'last_12_months'
@@ -346,4 +346,4 @@
         return range;
     }
 </script>
-@endpush
\ No newline at end of file
+@endpush
diff --git a/resources/views/settings/settings/edit.blade.php b/resources/views/settings/settings/edit.blade.php
index db20f3eee..6f84b4e0a 100644
--- a/resources/views/settings/settings/edit.blade.php
+++ b/resources/views/settings/settings/edit.blade.php
@@ -45,6 +45,8 @@
 
                     <div class="tab-pane tab-margin" id="localisation">
                         {{ Form::selectGroup('date_format', trans('settings.localisation.date.format'), 'calendar', $date_formats, null, ['autocomplete' => 'off']) }}
+                        
+                        {{ Form::textGroup('financial_start', trans('settings.localisation.date.financial_start'), 'calendar-check-o', []) }}
 
                         {{ Form::selectGroup('date_separator', trans('settings.localisation.date.separator'), 'minus', $date_separators, null, []) }}