Changing reports from Cash to accrual

earthmoving1
earthmoving1 Member Posts: 9 Novice Member Novice Member
in Accounts Hosted

Hi,

Just wondering if anyone can assist please. Accountant requires reports to be on accrual basis. How do I change from Cash.

Thank you

Wendy

Best Answers

  • Acctd4
    Acctd4 Accredited Partner Posts: 4,209 Reckon Accounts Hosted Elite Expert Reckon Accounts Hosted Expert
    Answer ✓

    Hi Wendy

    This is an option in applicable reports via the Modify Report button at the top left of the report ☺️

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  • Reeta
    Reeta Reckon Staff Posts: 383 Reckon Staff Reckon Staff
    Answer ✓

    Hi @earthmoving1

    Thank you for your query!!

    You can change the reporting basis by following these steps:

    1. Click on "Edit" in the top menu.
    2. Select "Preferences."
    3. Go to "Tax" and then choose "Company Preferences."
    4. Under "Tax Reporting Basis," you can select either "Cash" or "Accrual."

    Please remember to revert back to the original selection once you’ve made your changes. I’ve also attached an image below to guide you through the process.

    image.png

    I hope this helps.

    If you have any further questions, please feel free to reach out.

    Kind regards,

    Reeta

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Answers

  • earthmoving1
    earthmoving1 Member Posts: 9 Novice Member Novice Member

    Awesome thank you very much Reeta.

    Have a great day :-)

  • Reeta
    Reeta Reckon Staff Posts: 383 Reckon Staff Reckon Staff

    Hi earthmoving1,

    You're welcome!!

    I am glad I could assist you. If you have any further queries or need any help in future, please do not hesitate to reach out.

    Wishing you a fantastic day as well!!

    Kind regards,

    Reeta

    Reeta.png

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