I am noticing in QuickBooks that under accrual method I show revenue, however under cash I am showing $0 revenue. Is it possible this QuickBooks file is corrupt? I do see bank deposits being applied to the A/R, so I am a bit confused as to why this may occur.
@Anonymous is correct! In QuickBooks Desktop, there are two ways of accounting method, accrual and cash. The data displayed on your reports depends on the preferences you've set in the system and the data you've recorded.
Here's how to review your account's preferences:
Go to Edit.
Select Reports and Graphs.
Under Company Preferences, select any accounting method you want in viewing your reports.