Hi there
Is it possible to run a Balance Sheet on a cash basis rather than accruals?
Thanks
Lani
@LaniOUP @GDay53
One of the problems with the QB model is that it gives a report tyhat is not a Balance Sheet. Flicking to cash basis in QBO removes the Receivables and Payables and you have a Balance Sheet that does not balance.
What numbers are you looking for as it may available from another report?
Thanks for that.
It is a bit disappointing. With Quickbooks there is the ability to switch any report into cash/accrual as part of the filter before you run a report.
I'm surprised MYOB doesn't allow for that.
@LaniOUP
Welcome to the MYOB Community Forum, I hope you find plenty of useful information.
Simple answer is no.
The ONLY Cash based reports in MYOB are the two in the Small Business Entity under Accounts.
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