How to switch between accrual to cash basis in QB Online

Posted on 05/08/2022

Accrual to Cash Basis in QB Online, There are two ways to do this either to change the basis in the account and settings page or within the specific report.

Steps as an Accrual Accounting to Cash basis Accounting follows:

Click the gear icon
Select Account and settings.
Go to the Advanced tab.
Expand the Accounting section.
From the Accounting method, drop-down menu select Cash
Click Save

Accrual accounting vs cash basis accounting

On the reports, under the Accounting method section simply select Cash

balance sheet report

Topics: Tech Tips