It would be great to see a Cash Profit & Loss budget analysis report added.
I prepare my budget on a cash basis however many of my clients pay their invoices anything between 7-30 days. I'm ...
Hi MYOB
It would be good to have a Budget Analysis report for both Accruals basis (already exists) and additionally add one for a cash basis. It seems a lot more useful to compare a budget which is generally formed on a cash basis, with cash basis figures.
Cheers
Hi Chrissmith,
Comparing Accruals and Cash to Budget is definately an important thing to do.
In the mean time, there are many third-party addons that may be able to do the trick. You can find them here. http://myob.com.au/addons/
Accounting Addons have developed product called BudgetLink which can compare ACCRUALS and CASH to BUDGET. You can find more information about it here. http://accountingaddons.com.au/budgetlink/
I hope this helps.
Nic