Question: Is it ok to change from an accrual basis to actual and back again just for analysis?

I'm here to share information about changing accounting methods, @Tedmhind.

Yes, you can change the accounting method in your reports and Accounting section anytime without issue. Making changes to your accounting method, the accounts and balances in your reports will also change.

Here's how to change the accounting method for your company:

1. Click the Gear icon ⚙ and select Account and settings.
2. Go to the Advanced tab.
3. From the Accounting section, click the Edit ✎ icon.
4. Choose the Accounting method and click the drop-down arrow. Then, choose Cash or Accrual.
5. Select Save and Done.

Change the method on a report:

1. Go to Business overview and select Reports.
2. Choose a report.
3. Under the Accounting method, select Cash or Accrual (you can also choose the Customize button to open the Customize Report window and change the setting in the General section).
4. Click Run report.

It's good to know how each method works to choose the best bookkeeping practices for your business. If you're unsure which method to use, I recommend consulting your accountant to help you further.

Lastly, you can read this article to learn more about what happens behind the scenes in QuickBooks with accounting terms: Learn common accounting terms.

Don't hesitate to comment below if you have questions about the accounting method in QuickBooks Online. I'm always here to help. Have a great day.

Thank you