Hi,

In my view, the Sales report shows the month of Invoice / Sales receipt as sale month even if the account credited is not Income account (I choose current liability account as product/ service's income account).

Income report (Profit and loss) shows the month when Income is actually recorded in the income account.

But Still unable to understand the Cash and accrual accounting difference in QBO. Any guidance or clarity on this please.

Regards,

Navneet