The normal method is the invoice basis of accounting. Changing from cash accounting to standard vat scheme. Accrual Basis vs Cash Basis Accounting Quiet Light Brokerage. Accrual vs Cash Basis Accounting Oracle Receivables Help. VAT cash accounting is best for businesses which invoice over 30 days or. Not following up unpaid invoices automatically 6 Forgetting about bank reconciliations 7 Failing to understand cash v accrual accounting. Accrual vs Cash Accounting for Taxes.