Has anyone else experienced income statement errors after converting from cash to accrual in QBO? We switched mid year, is that possibly causing the errors in net income?

Gooda afternoon kprox-servprotea,

Welcome to the QuickBooks Community! It could have been affected by the  mid year switched. However, just so you know with Cash and Accrual, each method reports your income and expenses differently. Once you change your accounting method, accounts and balances in your reports might show up differently.

For more information about this, please review this article below which goes into further details the difference between the two.

• Cash vs Accrual

Please let me know if you have further questions or concerns! I will be around. Take care.