How do I lock a period (ie month) in Reckon?

Landeng1
Landeng1 Member Posts: 6 Novice Member Novice Member
in Accounts Hosted

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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  • Acctd4
    Acctd4 Accredited Partner Posts: 3,754 Reckon Accounts Hosted Elite Expert Reckon Accounts Hosted Expert

    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:

    image.png

    You can also change the default reporting basis in Preferences (under the Edit dropdown menu):

    image.png

    &/or your tax (GST) default reporting:

    image.png


    Shaz Hughes Dip(Fin) ACQ NSW, MICB

    *** Reckon Accredited Partner (AP) Bookkeeper - specialising EXCLUSIVELY in Reckon Accounts / Hosted ! ***

    * Regd BAS Agent (No: 92314 015)* ICB-Certified Bookkeeper* Snr Seasonal Tax Consultant since 2003 *

    Accounted 4 Bookkeeping Services

    Ballajura, WA

    shaz@accounted4.com.au

    https://accounted4.com.au

    (NB: Please give my post a Like or mark as Accepted Answer if I have been able to resolve your query as this helps others when seeking solutions!)
  • Landeng1
    Landeng1 Member Posts: 6 Novice Member Novice Member

    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.

  • Acctd4
    Acctd4 Accredited Partner Posts: 3,754 Reckon Accounts Hosted Elite Expert Reckon Accounts Hosted Expert

    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 ?

    Shaz Hughes Dip(Fin) ACQ NSW, MICB

    *** Reckon Accredited Partner (AP) Bookkeeper - specialising EXCLUSIVELY in Reckon Accounts / Hosted ! ***

    * Regd BAS Agent (No: 92314 015)* ICB-Certified Bookkeeper* Snr Seasonal Tax Consultant since 2003 *

    Accounted 4 Bookkeeping Services

    Ballajura, WA

    shaz@accounted4.com.au

    https://accounted4.com.au

    (NB: Please give my post a Like or mark as Accepted Answer if I have been able to resolve your query as this helps others when seeking solutions!)

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