Solved
Trial Balance
I am working on a clients data and it looks like the Trial Balance is outputting on a cash basis - the GST on the debtors is not reflected in the GST accounts but the Debtors in the GL are GST inclusive.
I have not come across this issue before.
Is there an area in settings that permits a trial balance to output in cash mode rather than accrual?
Hi Kathy,
Yes, MYOB does allow you to choose whether reports are displayed on a Cash or Accrual basis.
If your Trial Balance appears to be on a Accrual basis, check the Report Settings:
Go to Settings > Report Settings.
Under Business Settings, look for Accounting Method.
Select Cash if you want the Trial Balance and other reports to reflect Cash accounting.
Click Save.
