Fiscal Year Start Date and End Date

Hi Team,

I was trying to create a new company. I noticed the following about Fiscal Year start and end dates:

I entered Jan 1 2021 but it auto-changed to Dec 31, 2020. Also, the end date Dec 31, 2021 was changed to Dec 30, 2021. See screenshot below:

For the attention of the team.

Thank you.