View Full Version : Change from cash to accrual method

07-09-2001, 07:53 AM
We just started a new company three months ago and thought that the cash method would be easier. We have a lot of receivables and payables and realize that we really should have chosen accrual accounting. Is there any way we can open a new company and copy all the data to the new company or would we have to enter all the information again? Would appreciate any help. Thank you.