QuickBooksHelpIntuit
Change your accounting method in QuickBooks Online
by Intuit• Updated 10 months ago
Learn how to change your accounting method from cash to accrual (or vice versa) in QuickBooks Online.
Need to change your company's accounting method? You can do it in just a few steps.
Just remember that each method reports your income and expenses differently. Once you change your accounting method, accounts and balances in your reports might show up differently.
Which accounting method should I use?
Each method has its own pros and cons. It's important to understand how they work so you can choose the best bookkeeping practice for your business.
If you're unsure which method to use, talk to your accountant. Or, find a ProAdvisor if you need one.
Change the accounting method for your company
- Select Settings ⚙, then select Account and settings.
- Go to the Advanced tab.
- In the Accounting section, select the Edit ✎ icon.
- Choose the Accounting method.
- Select Save, then select Done.
Sign in now for personalized help
See articles customized for your product and join our large community of QuickBooks users.
More like this
- Update or change your Intuit Account sign-in informationby QuickBooks•78•Updated September 02, 2024
- Manage billing, payment, and subscription info in QuickBooks Onlineby QuickBooks•124•Updated 6 days ago
- Choose between cash and accrual accounting methods in reportsby QuickBooks•60•Updated June 21, 2024
- Use Prep for taxes to map your clients’ tax infoby QuickBooks•2•Updated December 01, 2023