[barking_biscuit]

You can model the data in such a way that the recorded transactions can be reported on in either accrual or cash basis.

[candiddevmike]

Not sure what you mean, as far as I know the government requires businesses to pick one form and stick to it. Unless you're building accounting software you'd have no need to support both ways.

[barking_biscuit]

I build accounting software.

[EvanAnderson]

It’s common for US businesses to file taxes on cash basis but use accrual for managerial accounting.