When I post accruals and prepayments I want them to automatically reverse in the next period. I do not want to manually edit them; how do I setup the automatic option?

Hello there, dhyland. I recognize the benefits of automatically reversing accruals and prepayments in the next period. Allow me to delve deeper to explain this topic.

Are you in the process of setting up and preparing accruals and prepayments for payroll, employees, or vendors? 

If you're referring to payroll accruals and prepayments, note that the option for automatic reversal of post accruals and prepayments in the subsequent period is unavailable in QuickBooks Online (QBO). Modifications or adjustments to these items will need to be manually performed in every period.

To learn how to calculate accrued payroll, read this article: Small business owner’s guide to accrued payroll.

If you're talking about something else, kindly leave a comment below. I'm always here to provide appropriate information and resources. Have a good one.