Question

What else do we need to do, apart from the switch, to change vat reporting from cash basis to accrual?

1 reply
0 views

Original commenter did not share additional details

QuickBooks Online

Hello, 001valen,

Welcome to the Community page,

All you need to do it go to taxes>vat>edit vat>edit settings

Then mark from cash to accrual/standard and set the correct effective start date for the scheme, this should probably be the VAT registration date.