Our CPA firm tracks this company's set of books on the cash method. At our year end (June 30), the CPA firm calculates a cash to accrual JE for me to post to change the books to the accrual method, I guess for tax purposes, and so the company will be reported the same as our other companies (the CPA firm only does the one company, not all of them).

The CPA firm DOES NOT post this entry, but I do. Am I supposed to reverse the cash to accrual conversion JE in July? This is the first year, so I am unsure.

The JE increased revenue in June, and will be a big hit if I reverse it in July, but if I do not, my receivable & payable balance will not match the CPA firm's balances.

I know, the CPA firm should be able to answer my question. They are not too helpful. We are just a partial owner of this company, and we are not the ones that hired the CPA firm.