diff --git a/app/Libraries/Utils.php b/app/Libraries/Utils.php
index 1fe93c9934..34e70ec2f2 100644
--- a/app/Libraries/Utils.php
+++ b/app/Libraries/Utils.php
@@ -865,6 +865,7 @@ class Utils
         }
 
         $variables = ['MONTH', 'QUARTER', 'YEAR', 'DATE_MONTH', 'DATE_YEAR'];
+        $yearOverlap = 0;
         for ($i = 0; $i < count($variables); $i++) {
             $variable = $variables[$i];
             $regExp = '/:'.$variable.'[+-]?[\d]*/';
@@ -886,6 +887,9 @@ class Utils
                     $offset = intval($minArray[1]) * -1;
                 }
 
+                $yearOverlap += self::getDateYearOverlap($variable, $offset);
+                if($variable === 'YEAR') $offset += $yearOverlap;
+
                 $locale = $client && $client->language_id ? $client->language->locale : null;
                 $val = self::getDatePart($variable, $offset, $locale);
                 $str = str_replace($match, $val, $str);
@@ -911,6 +915,20 @@ class Utils
         }
     }
 
+    private static function getDateYearOverlap(string $part, int $offset): int
+    {
+        $offset = intval($offset);
+
+        switch ($part) {
+            case 'MONTH':
+                return self::getMonthYearOverlap($offset);
+            case 'QUARTER':
+                return self::getQuarterYearOverlap($offset);
+        }
+
+        return 0;
+    }
+
     public static function getDateMonth($offset, $locale) 
     {
         $timestamp = time();
@@ -979,6 +997,34 @@ class Utils
         return 'Q'.$quarter;
     }
 
+    private static function getMonthYearOverlap(int $offset): int
+    {
+        $month = intval(date('n')) - 1;
+
+        $month += $offset;
+
+        if($month < 0){
+            $month += 1;
+            return (((abs($month) / 12 % 12) + 1) * -1);
+        }
+
+        return ($month / 12 % 12);
+    }
+
+    private static function getQuarterYearOverlap(int $offset): int
+    {
+        $month = intval(date('n')) - 1;
+        $quarter = floor(($month + 3) / 3);
+        $quarter += $offset - 1;
+
+        if($quarter < 0){
+            $quarter += 1;
+            return (((abs($quarter) / 4 % 4) + 1) * -1);
+        }
+
+        return ($quarter / 4 % 4);
+    }
+
     private static function getYear($offset)
     {
         $year = intval(date('Y'));
diff --git a/resources/assets/js/script.js b/resources/assets/js/script.js
index d7edd7fdd7..effe59bbed 100644
--- a/resources/assets/js/script.js
+++ b/resources/assets/js/script.js
@@ -59,6 +59,7 @@ function copyObject(orig) {
 function processVariables(str) {
   if (!str) return '';
   var variables = ['MONTH','QUARTER','YEAR'];
+  var yearOverlap = 0;
   for (var i=0; i<variables.length; i++) {
     var variable = variables[i];
         var regexp = new RegExp(':' + variable + '[+-]?[\\d]*', 'g');
@@ -74,6 +75,10 @@ function processVariables(str) {
             } else if (match.split('-').length > 1) {
                 offset = parseInt(match.split('-')[1]) * -1;
             }
+
+            yearOverlap += getDateYearOverlap(variable, offset);
+            if(variable === 'YEAR') offset += yearOverlap;
+
             str = str.replace(match, getDatePart(variable, offset));
         }
   }
@@ -95,6 +100,20 @@ function getDatePart(part, offset) {
   }
 }
 
+function getDateYearOverlap(part, offset)
+{
+    offset = parseInt(offset);
+
+    switch (part) {
+        case 'MONTH':
+            return getMonthYearOverlap(offset);
+        case 'QUARTER':
+            return getQuarterYearOverlap(offset);
+    }
+
+    return 0;
+}
+
 function getMonth(offset) {
   var today = new Date();
   var months = [ "January", "February", "March", "April", "May", "June",
@@ -125,6 +144,34 @@ function getQuarter(offset) {
     return 'Q' + quarter;
 }
 
+function getMonthYearOverlap(offset)
+{
+    var today = new Date();
+    var month = today.getMonth();
+    month = parseInt(month) + offset;
+
+    if(month < 0){
+        month += 1;
+        return Math.ceil(((Math.abs(month) / 12 % 12) + 1) * -1);
+    }
+
+    return Math.floor(month / 12 % 12);
+}
+
+function getQuarterYearOverlap(offset)
+{
+    var today = new Date();
+    var quarter = Math.floor((today.getMonth() + 3) / 3);
+    quarter += offset - 1;
+
+    if(quarter < 0){
+        quarter += 1;
+        return Math.ceil(((Math.abs(quarter) / 4 % 4) + 1) * -1);
+    }
+
+    return Math.floor(quarter / 4 % 4);
+}
+
 // https://gist.github.com/beiyuu/2029907
 $.fn.selectRange = function(start, end) {
     var e = document.getElementById($(this).attr('id')); // I don't know why... but $(this) don't want to work today :-/