Changing reports from Cash to accrual

Question

Hi,

Just wondering if anyone can assist please.  Accountant requires reports to be on accrual basis.  How do I change from Cash.

Thank you

Wendy

Acctd4 · Accepted Answer

Hi Wendy

This is an option in applicable reports via the Modify Report button at the top left of the report ☺️

Reeta · Accepted Answer

Hi @earthmoving1

Thank you for your query!!

You can change the reporting basis by following these steps:

* Click on "Edit" in the top menu.
* Select "Preferences."
* Go to "Tax" and then choose "Company Preferences."
* Under "Tax Reporting Basis," you can select either "Cash" or "Accrual."

Please remember to revert back to the original selection once you’ve made your changes. I’ve also attached an image below to guide you through the process.

I hope this helps.

If you have any further questions, please feel free to reach out.

Kind regards,

Reeta