I just updated from Desktop 21.2.45 to Desktop 21.4.31 and noticed that in the Summary - Edit window that the Cash/Accrual Accounting Method had been enabled. I then installed current application version 21.4.64 and checked with a backup business file and the same change occurred there as well. “Accrual” basis was selected as the default. Besides changing this setting, it was necessary to go through all the reports definitions to update them to Cash Basis. The guide for accrual or cash selection https://www.manager.io/guides/7129 says that this option would not appear unless a sales or purchase invoice had been created. This business has customers, but has never issued a sales or purchase invoice. Is this the new norm to have the Cash/Accrual selection enabled and is the guide just behind being updated? Thanks.
Desktop Version 21.4.64
Windows 7 Pro (Yeah, I know, updating soon)
Since you are not having any credit sales or purchases, your figures will be exactly the same on both cash-basis and accrual-basis.