diff --git a/app/Abstracts/Listeners/Report.php b/app/Abstracts/Listeners/Report.php
index eb678a292..12cd95e2a 100644
--- a/app/Abstracts/Listeners/Report.php
+++ b/app/Abstracts/Listeners/Report.php
@@ -114,6 +114,14 @@ abstract class Report
         return $model->pluck('name', 'id')->toArray();
     }
 
+    public function getBasis()
+    {
+        return [
+            'cash' => trans('general.cash'),
+            'accrual' => trans('general.accrual'),
+        ];
+    }
+
     public function applyDateFilter($event)
     {
         $event->model->monthsOfYear($event->args['date_field']);
@@ -127,6 +135,10 @@ abstract class Report
         $search_year = 'year:' . $this->getSearchStringValue('year', '', $input);
         $input = str_replace($search_year, '', $input);
 
+        // Remove basis as it's handled based on report itself
+        $search_basis = 'basis:' . $this->getSearchStringValue('basis', 'accrual', $input);
+        $input = str_replace($search_basis, '', $input);
+
         $event->model->usingSearchString($input);
     }
 
diff --git a/app/Listeners/Report/AddBasis.php b/app/Listeners/Report/AddBasis.php
new file mode 100644
index 000000000..31de87864
--- /dev/null
+++ b/app/Listeners/Report/AddBasis.php
@@ -0,0 +1,34 @@
+<?php
+
+namespace App\Listeners\Report;
+
+use App\Abstracts\Listeners\Report as Listener;
+use App\Events\Report\FilterShowing;
+
+class AddBasis extends Listener
+{
+    protected $classes = [
+        'App\Reports\IncomeSummary',
+        'App\Reports\ExpenseSummary',
+        'App\Reports\IncomeExpenseSummary',
+        'App\Reports\ProfitLoss',
+        'App\Reports\TaxSummary',
+    ];
+
+    /**
+     * Handle filter showing event.
+     *
+     * @param  $event
+     * @return void
+     */
+    public function handleFilterShowing(FilterShowing $event)
+    {
+        if ($this->skipThisClass($event)) {
+            return;
+        }
+
+        $event->class->filters['basis'] = $this->getBasis();
+        $event->class->filters['keys']['basis'] = 'basis';
+        $event->class->filters['defaults']['basis'] = $event->class->getSetting('basis', 'accrual');
+    }
+}
diff --git a/app/Providers/Event.php b/app/Providers/Event.php
index f867640f4..c3d65b423 100644
--- a/app/Providers/Event.php
+++ b/app/Providers/Event.php
@@ -112,5 +112,6 @@ class Event extends Provider
         'App\Listeners\Report\AddIncomeExpenseCategories',
         'App\Listeners\Report\AddSearchString',
         'App\Listeners\Report\AddRowsToTax',
+        'App\Listeners\Report\AddBasis',
     ];
 }
diff --git a/app/Reports/ExpenseSummary.php b/app/Reports/ExpenseSummary.php
index 6865e9612..d5bac2e28 100644
--- a/app/Reports/ExpenseSummary.php
+++ b/app/Reports/ExpenseSummary.php
@@ -32,7 +32,9 @@ class ExpenseSummary extends Report
     {
         $transactions = $this->applyFilters(Transaction::with('recurring')->expense()->isNotTransfer(), ['date_field' => 'paid_at']);
 
-        switch ($this->getSetting('basis')) {
+        $basis = $this->getSearchStringValue('basis', $this->getSetting('basis'));
+
+        switch ($basis) {
             case 'cash':
                 // Payments
                 $payments = $transactions->get();
diff --git a/app/Reports/IncomeExpenseSummary.php b/app/Reports/IncomeExpenseSummary.php
index 61bb64f0a..1c63f66ea 100644
--- a/app/Reports/IncomeExpenseSummary.php
+++ b/app/Reports/IncomeExpenseSummary.php
@@ -18,7 +18,9 @@ class IncomeExpenseSummary extends Report
         $income_transactions = $this->applyFilters(Transaction::with('recurring')->income()->isNotTransfer(), ['date_field' => 'paid_at']);
         $expense_transactions = $this->applyFilters(Transaction::with('recurring')->expense()->isNotTransfer(), ['date_field' => 'paid_at']);
 
-        switch ($this->getSetting('basis')) {
+        $basis = $this->getSearchStringValue('basis', $this->getSetting('basis'));
+
+        switch ($basis) {
             case 'cash':
                 // Revenues
                 $revenues = $income_transactions->get();
diff --git a/app/Reports/IncomeSummary.php b/app/Reports/IncomeSummary.php
index 6298fd94f..c2b140a8e 100644
--- a/app/Reports/IncomeSummary.php
+++ b/app/Reports/IncomeSummary.php
@@ -32,7 +32,9 @@ class IncomeSummary extends Report
     {
         $transactions = $this->applyFilters(Transaction::with('recurring')->income()->isNotTransfer(), ['date_field' => 'paid_at']);
 
-        switch ($this->getSetting('basis')) {
+        $basis = $this->getSearchStringValue('basis', $this->getSetting('basis'));
+
+        switch ($basis) {
             case 'cash':
                 // Revenues
                 $revenues = $transactions->get();
diff --git a/app/Reports/ProfitLoss.php b/app/Reports/ProfitLoss.php
index 4076cbcee..98144f43d 100644
--- a/app/Reports/ProfitLoss.php
+++ b/app/Reports/ProfitLoss.php
@@ -37,7 +37,9 @@ class ProfitLoss extends Report
         $income_transactions = $this->applyFilters(Transaction::with('recurring')->income()->isNotTransfer(), ['date_field' => 'paid_at']);
         $expense_transactions = $this->applyFilters(Transaction::with('recurring')->expense()->isNotTransfer(), ['date_field' => 'paid_at']);
 
-        switch ($this->getSetting('basis')) {
+        $basis = $this->getSearchStringValue('basis', $this->getSetting('basis'));
+
+        switch ($basis) {
             case 'cash':
                 // Revenues
                 $revenues = $income_transactions->get();
diff --git a/app/Reports/TaxSummary.php b/app/Reports/TaxSummary.php
index d5b437eb1..9589ff6e2 100644
--- a/app/Reports/TaxSummary.php
+++ b/app/Reports/TaxSummary.php
@@ -40,7 +40,9 @@ class TaxSummary extends Report
 
     public function setData()
     {
-        switch ($this->getSetting('basis')) {
+        $basis = $this->getSearchStringValue('basis', $this->getSetting('basis'));
+
+        switch ($basis) {
             case 'cash':
                 // Invoice Payments
                 $invoices = $this->applyFilters(Transaction::with('recurring', 'invoice', 'invoice.totals')->income()->isDocument()->isNotTransfer(), ['date_field' => 'paid_at'])->get();
diff --git a/resources/views/partials/reports/filter.blade.php b/resources/views/partials/reports/filter.blade.php
index e19b15e02..f3b2b586d 100644
--- a/resources/views/partials/reports/filter.blade.php
+++ b/resources/views/partials/reports/filter.blade.php
@@ -10,7 +10,7 @@
             $filtered = [];
 
             $skipped = [
-                'keys', 'names', 'types', 'routes'
+                'keys', 'names', 'types', 'routes', 'defaults'
             ];
 
             foreach ($class->filters as $filter_name => $filter_values) {
@@ -58,6 +58,16 @@
                     $url =  (is_array($route)) ? route($route[0], $route[1]) : route($route);
                 }
 
+                $default_value = null;
+
+                if (isset($class->filters['defaults']) && !empty($class->filters['defaults'][$filter_name])) {
+                    $default_value = $class->filters['defaults'][$filter_name];
+                }
+
+                if ($key == 'year') {
+                    $default_value = \Date::now()->year;
+                }
+
                 $filters[] = [
                     'key' => $key,
                     'value' => $value,
@@ -66,11 +76,11 @@
                     'values' => $filter_values,
                 ];
 
-                if ($key == 'year') {
+                if (!is_null($default_value)) {
                     $filtered[] = [
                         'option' => $key,
                         'operator' => '=',
-                        'value' => \Date::now()->year,
+                        'value' => $default_value,
                     ];
                 }