The current demo on the suitecrm homepage and my current install both seem to exhibit this problem. When an event is created the event shows up 1 day earlier on the calendar than what it should.
The following images are from the demo installation located at http://demo.suiteondemand.com/index.php?module=Calendar&action=index&parentTab=Activities
The same event in the meetings dashlet shows the correct information.
Any suggestions on how to fix this issue?