Purchase not appearing
ive tried to enter a purchase but it wont appear in the list...no matter what I do...:manfrustrated:
Hi LCrowhurst
The transaction that is showing in your P&L screenshot is a Bill payment transaction, not a Bill transaction. The Cash accounting method is based on when an invoice or bill is paid, not the date of the invoice or bill. So when you run a cash P&L only payments are included:
The Accrual accounting method is based on the invoice or bill date, regardless of whether they have been paid. When you run the accrual P&L invoices and bills dated in that period will be listed:
As Cash and Accrual are two different accounting methods reports will display different information depending on which method is chosen. You can change the accounting method of a report by selecting the required method:
Please let me know if you need further help.
If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.
