Always fun to mess with AI, but not when you’re trying to straighten out your mess in Quickbooks! 🙂
Probably the #1 reason people come to me for accounting work is because their accounting software becomes incomprehensible.
Most people don't really know about or care about actual vs accrual methods of keeping track of money. Back in the day, we had a nice paper checkbook (cash or actual method) or accountants had a nice paper ledger book tracking all the incoming, outgoing, planned incoming (receivables - as used in accrual), and planned outgoing (payables - as used in accrual).
We don't think much about fiscal year vs calendar year either - I mean for ourselves. Most of us just operate on a calendar year. End of story.
Until we get a business going.