Hi Demir!
I’m so glad that you found the QuickBooks video tutorials helpful. The nice thing about QuickBooks is that you can enter your income and expenses into QuickBooks by downloading everything from your bank/credit card accounts, entering invoices and bills or a combination of any of these. You select the method of accounting that you use when you run reports. That’s why it does not matter how you enter the info into QuickBooks.
To select cash or accrual method, you simply navigate to the report center and run any report. In the report options, you can select Cash or Accrual method. Watch the following video tutorial to see how this works or scroll down to Step 3 of the lesson to see the screenshot:
How to Prepare a Profit and Loss Statement in QuickBooks Online
All the Best-
Crystalynn Shelton
