We started using QB online from Q1 F19 on accrual basis but Q1 BAS was accidentally reported on cash basis. Do I need to stick with cash basis for all subsequent periods?


Hi there, Tim.

Let me direct you to the tax agency to confirm your reporting method for BAS if it’s cash or accrual. Here's the site: https://www.ato.gov.au/.

Whatever the accounting method - either cash basis or accrual basis - you can easily update your accounting method from company settings.

Here’s how:

  1. Select the Gear icon on the Toolbar.
  2. Under Your Company, choose Account and Settings (or Company Settings).
  3. From the left menu, select Advanced (or Company).
  4. In the Accounting panel, select the Pencil icon to open the fields for editing.
  5. From the Accounting method drop-down menu, choose the appropriate method.
  6. Select Save.
  7. Select Done.

Your overall accounting method is changed.

Let me know if you need further assistance with BAS report. I'm here to help.

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IntuitMaryJane , Community Support Specialist
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