How do I lock a period (ie month) in Reckon?
We currently record transactions based on invoice date. Is there anyway of switching to recording and reporting by G/L date?
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Reckon Accounts/Hosted allows recording & reporting on both a Cash &/or Accrual basis. Many reports can be displayed in either via selection on the Modify Report (upper left) > Display tab:
You can also change the default reporting basis in Preferences (under the Edit dropdown menu):
&/or your tax (GST) default reporting:
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Strange, my settings are set to accrual basis but when I run reports for prior periods the figures change all the time. Eg. my P&L at the end of March no longer matches to a March P&L that I run today.
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Check that you're not generating from a Memorised report that has been saved ("Memorised") on a Cash basis. (You can see the report basis at the top left on the report itself)
Alternatively, it sounds like there have been prior entries made since March. Can you identify the discrepancy ?
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