Cash Basis balance sheet for MYOB Accountright
Hi there,
Can MYOB generate balance sheet in cash basis? If do so, how can we make it step by step?
Many thanks!!
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Hi christine123
As Julie_A_C mentioned, there are cash and accrual GST reports and Profit & Loss reports. You can still run a balance sheet in cash basis in the web browser (app.myob.com for online files), but we still recommend accrual since cash basis has a known case of pulling up an out-of-balanced result.
Please feel free to post again. I'm happy to assist further.
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