Hello, can I use Quickfile on a cash accounting (as opposed to accrual accounting) basis. I cant work out how to do it
If you mean cash accounting (for VAT) then that’s a tick box on the VAT settings page.
If you mean cash basis (for income tax) then there’s not really any good support for this currently in QuickFile - all the P&L and other reports are accruals based using the invoice dates. There is or was an experimental cash basis “periodic report” developed as part of the ongoing work to support MTD for self assessment but I don’t know whether this is still available.
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There does seem to be a cash profit and loss report for sole traders but it requires a subscription. Don’t know if it’s new or not but I found this guide Generate a cash based Profit and Loss report
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