Hi there jaccolon3,
It's good to know that you're changing the Summary Report Basis from the Company Preferences.
When you change the Summary Report Basis to Cash, all Company & Financial reports will default to Cash basis other than the Details report (Profit & Loss Detail, Income by Customer Detail, and Balance Sheet Detail). You'll need to manually change them to Accrual basis.
Please let me know if you have any more questions I can help.
