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March 15, 2019
Question

Cash vs. Accrual Setting

  • March 15, 2019
  • 1 reply
  • 0 views

How do I change my company file from cash to accrual?

1 reply

Angelyn_T
March 15, 2019

Hello there, @Shelley1973.

 

If you're referring to changing the Summary Report Basis to Accrual, you can change it by going to the Preferences. Allow me to help guide you how.

 

  1. Click on Edit at the top menu bar.
  2. Select Preferences.
  3. Click on Reports & Graphs from the left pane.
  4. Go to the Company Preferences.
  5. Select Accrual under Summary Reports Basis.
  6. Click OK.

Once done, all your reports will default to Accrual basis.

 

For more information about the difference between cash and accrual basis, you can check this article: Differentiate Cash and Accrual basis.

 

Please let me know if you have any other questions about cash and accrual basis of accounting method. I'll be always here to help you.