MYOB needs to have an option to run Job costing Profit & Loss on a cash basis report
this would greatly help with monthly reporting with clients that are on accural basis but wish to report on Cash basis on a monthly report
"Job costing reports"
MYOB needs to have an option to run Job costing Profit & Loss on a cash basis report
this would greatly help with monthly reporting with clients that are on accural basis but wish to report on Cash basis on a monthly report
"Job costing reports"
To have a job costing report prepared on a cash basis as well as the accrual basis will make thir understanding of the profitability of their jobs even harder.
The job costing reports are not really Job Profit and Loss Report but reports on the Job revenue and costs incurred in the period that you are repoting on and if there are expenses and revenues for jobs outside of that period that you are reporting on, you will not be getting a true Job Profit and Loss report..
whether it is cash or accrual.
I have set up an idea at
http://community.myob.com/t5/AccountRight-Idea-Exchange/Work-In-Progress/idi-p/411063
which if implemented will enable you and your clients to have job profit and loss reports that will be meaningful . You of course will need to vote for the change otherwise nothing will happen.
exactly
Thank you for the idea. Unfortunately, this request has had little support from the community since it was submitted, so we are moving this idea to the Archived status. For more information on Idea Statuses, please read this article: Changes to our Idea Exchange pages