I have just found out that the Cash Profit & Loss Statement does not include General Journal Entries.
All businesses reporting on a cash basis for their income tax returns will be processing general journal entries (depreciation / items purchased by Directors on private cards etc) and they won't have correct Profit & Loss Statements.
Its tax time now and I'd hate to think of the number of incorrect tax returns lodged because of this software error.
This report has been available for 7 months now and I find it hard to believe that this is still an issue.
This issue affects all of my LiveAccount clients.
I look forward to having this fixed ASAP.
"LiveAccounts Cash Profit & Loss needs to include General Journal Entries"