P&L SHOWING ACCRUAL FIGURES WHEN REPORTING ON CASH BASIS ONLY
Sharon_8725865
Member Posts: 1 Novice Member 
I currently used Reckon Accounts Plus 2014. I am set up for cash basis reporting and always have been. In the last month I have noticed a problem with my P&L. Even when "cash" is selected in the reports filter the P&L is only showing invoices when a payment has been received. Any ideas on what could be going on?
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Hi Sharon,
Could you give us a bit more detail on the issue you're experiencing itself?Even when "cash" is selected in the reports filter the P&L is only showing invoices when a payment has been received.
When Cash basis is selected, the report will only show invoices after a payment has been received.1 -
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Sharon, the result you are getting is exactly what it is supposed to be showing. 'Cash' reporting means it will show only invoices and bills that have been paid at the time of reporting.
Accruals will show you all invoices and bills created during the date, paid or unpaid.
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