Does Clockwork use cash or accrual basis?
Clockwork mirrors the accounting basis set in QuickBooks or Xero. If your books run on accrual, your Clockwork model runs on accrual. If your books run on cash, so does Clockwork. We don't convert one to the other, so your financials always tie out to your accounting system.
How to switch
Change the basis in your accounting system first. Then go to Settings > Connected Data > Sync now in Clockwork. The model rebuilds on the new basis, including your 5-year financial model and 52-week cash flow forecast.
Excel imports
If you imported from Excel, Clockwork uses whatever basis the file was prepared on. To switch, prepare the file on the other basis and re-upload it.
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