Cash flow report missing items
Can someone tell me why on the cashflow report my sales is not showing up? I did alot more sales which show under the profit and loss report but on the cashflow report it does not show up. ...
Hi clayton4115,
I understand you're noticing a difference between your sales figures in the profit and loss (P&L) report and the cash flow report. This discrepancy occurs because the two reports serve different purposes and use different accounting methods. The P&L statement shows the revenue generated during a specific period, regardless of whether the cash has been collected. In contrast, the cash flow statement reflects the actual cash on hand at the end of the period, showing only the cash that has been received and spent. To get a clearer picture, you might want to check the Cash Movement report, which is more similar to the P&L report.
Feel free to get in touch if you need more help.
Cheers,
Princess
