can some one help with gst summary cash report not matching profit & loss statement

[ajauto]

can some one help with gst summary cash report not matching profit & loss statement

[ronatbas · Accepted solution]

@ajauto 

The GST cash report is just that, monies collected and paid for any given period. The profit and loss is an accrual report and shows invoices and bills for a given period regardless of their payment status.

If you look under Reports> Accounts> Small Business Entity you will find Profit & Loss Cash Basis. You should find better agreement with your GST report.