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Product Ideas

Report: Job Profit & Loss Statement - Cash

LCB
Partner
Partner

3Posts

2Kudos

0Solutions

3 Posts
Partner
Australia

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"

Current Status: Archived
Last Changed: August 2018

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

3 Comments
Nalang
5 Posts
User

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.

 

Accuracy
3 Posts
Cover User

exactly

Steven_M
45,180 Posts
Former Staff

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