Cash Movement Report
Wondering why cash movement report includes journal entries?
Forum Discussion
That is ridiculous! Cash entries should be determined by actual cash movements in and out of bank accounts, not by journal entries. I just tried to use this report and it is useless as it is picking up revenue recognition journals that relate to cash amounts received last financial year. Can you somehow exclude journal entries from this report?
Hi CarolineH1,
We appreciate your feedback regarding this report. It isn't possible to exclude journal entries entirely from this report. However, you can choose to exclude certain accounts to refine the report. If there's anything else we can assist you with, feel free to start a new post.
Cheers,
MYOB
Hi JulzMint,
Thanks for your post, and welcome to the Community Forum! The cash movement report in your MYOB Business includes journal entries because they can impact cash balances. In accounting, journal entries are used to record various transactions, including cash inflows and outflows. Therefore, when generating a cash movement report, MYOB includes journal entries to offer a comprehensive overview of all transactions affecting cash, not limited to direct cash transactions such as receipts and payments. This inclusion contributes to providing a more accurate depiction of your overall cash position and movements within the specified period. Please see this help page for more information: Business reportsFeel free to post again, we're happy to help!
If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.Regards,
Earl
