Business owner needs to change tax accounting method from cash to accrual basis to write off a large bad debt, but the process is unclear.

No clear software or step-by-step guidance exists for making the cash-to-accrual election specifically with a bad debt write-off scenario.

Severity

3Medium

Willingness to Pay

implied

Added

May 31, 2026

App Concept

AccrualSwitch Pro

A guided workflow for CPAs to manage accounting method changes (cash to accrual) including automatic Form 3115 preparation, bad debt deduction calculation, and state compliance. Integrates with tax preparation software to streamline elections and reduce manual errors.

Key Features

Step-by-step wizard for Form 3115 (automatic change procedures)
Bad debt write-off calculator tied to AR aging
State tax conformity checker (e.g., California)
Integration with Drake, UltraTax, ProConnect, etc.

Target Users: CPAs and tax professionals in the US handling small to mid-size S-corp and C-corp clients with revenue under $25M

Revenue Model: $49/month per user SaaS subscription or $200 per filing

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