How to Set Reporting to Either Cash or Accrual

FINSYNC handles both cash and accrual accounting. Accrual accounting takes into account money that you have earned or allocated to an expense but not actually collected/paid out.

To switching between cash and accrual reporting, follow the steps outlined below: 

1. Click on the Reports tab in the top menu.

2. Click on the Settings button found on the right of the page.



3.  Select either Cash or Accrual and click Save.