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christine123's avatar
christine123
Experienced User
2 years ago

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!!

 

 

2 Replies

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  • Sean_DC's avatar
    Sean_DC
    MYOB Moderator

    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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