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M
mark243
May 26, 2022
Question

How do we change from cash to accrual accounting?

  • May 26, 2022
  • 1 reply
  • 0 views
We need change from cash to accrual accounting on 1/7/2022.
How do we ensure that the accrual accounting starts from this date? 
Up to 30/6/2022 will still need to be cash.

1 reply

G
GeorgiaC
May 26, 2022

Hi mark234, you can change the accounting method within your QuickBooks settings by navigating to the Cog > Account & settings > Advanced > Accounting. It's not possible to set an effective date for this, and so the change will apply to all open transactions on your account when the change is saved.

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