Calendar Time Zones

Hi All,

First up thanks to all those who answer questions here. I have found a lot of answers to problems I've been facing.

Onto this. I have an issue with using the Calendar. If you look at the picture, you'll notice that there is a meeting (New Hire Roundtable), scheduled at 9:05am. This is perfect and what I expect to see. The two MCAPS at 12:00 are fine too. The problem is with the events that start at 5pm. Those are events for the next day.

So what I've observed is:

Events scheduled using a specific time are showing up with the correct time zone.
Events that are marked 'All Day' in Outlook are showing up 7 hours earlier than they should.

This is using the default calendar screen. No edits are made.

So I don't get why the difference and how can I work with All Day events.

Thanks in advance,