The accrual method and cash basis are two primary accounting approaches for recording transactions and financial events for businesses and individuals.

This method is applicable for QuickBooks and Xero financial import

Accrual Method to Cash Basis Reporting in the Partnership and Trust Tax Return

Reporting on a Cash Basis in the Company Tax Return

Include payments you received during the income year, even if the work was done in a different income year. don't include amounts where the work was done, but you did not receive payment during the income year