Ministerial Resolution No. 1535 of 2004 [Executive Bylaws]
Article 19 - Accounting Method
Subject to the provisions of Article 23 of the Income Tax Law regarding the accounting method, a natural person may use either the cash basis or the accrual basis in recording his transactions. If his gross income from business for a taxable year exceeds five million Saudi riyals, he must apply the accrual basis and continue using it in all succeeding taxable years even if such income later falls below that threshold.