Forum Discussion

LaniOUP's avatar
LaniOUP
Experienced Cover User
6 years ago

Accrual/Cash

Hi there Is it possible to run a Balance Sheet on a cash basis rather than accruals?   Thanks Lani
  • ronatbas's avatar
    ronatbas
    6 years ago


    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?

LaniOUP's avatar
LaniOUP
Experienced Cover User

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.  

Lani

ronatbas's avatar
ronatbas
Ultimate Cover User
6 years ago


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?

Looking for something else?

Search the Community Forum for answers or find your topic and get the conversation started!

Community home

Dig into MYOB Academy for free courses, learning paths and live events to help build your business with MYOB.