Cash basis balance sheet

Hi there, @userkdavis.

I'm here to help share insights about the accounts of your report with cash basis accounting method in QuickBooks Online (QBO).

Yes, the receivable and payable accounts are not included when a Balance Sheet report is set to show the category in cash basis accounting method. Kindly read this article to learn more: Resolve Accounts Receivable or Accounts Payable Balances on a Cash Basis Balance Sheet in QuickBooks Online.

The journal entry method, along with reversing its category, is used to resolve the payable balances incorrectly showing in a cash basis balance sheet report. If you wish to do so, here is an article you can read to learn more: Create a Journal Entry in QuickBooks Online.

However, I still recommend contacting your accountant for guidance in choosing the accounts for your journal entry. They can also provide the best accounting practices to follow to ensure the category and balances of accounts in your report are accurately reported.

If you haven't yet, you can use this link to find someone near whom you can work with your bookkeeping: QuickBooks Certified ProAdvisor.

Aside from customizing your reports to display certain accounts in a specific accounting method, you're also able to generate a report showing other data of transactions based on the financial status you need. To do that, here's the topic you can utilize for reference: Create and Manage Reports in QuickBooks Online.

If there's anything else that I can help you with aside from generating a financial report in QuickBooks, please let me know by tagging my name, @JonpriL, in the comments below. I'll be around and ready to lend a helping hand.