Accounting Method - Cash or Accrual

Cash Basis is removed from the Reports menu as well as the Reports Manager form. Instead, a new Summary Report Basis section is added in the Company Preference form > Setup tab. This section includes Cash and Accrual options where Accrual is the default option.

 

If the Company Preference is set to Accrual, standard General Ledger reports will be available.

 

If set to Cash, then matching report names in the General Ledger is replaced by Cash Basis reports.

 

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