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Accounting in Acuma...
Cash Basis Reports
 
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Questions Cash Basis Reports

 
Accounting in Acumatica
Last Post by lucas 5 years ago
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lucas
Posts: 4
 lucas
Topic starter
December 29, 2020 8:36 pm
(@lucas)
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Joined: 5 years ago

Does anyone know if there is an easy way to create cash basis P&L statement? We usually report on the accrual basis but need to run a cash P&L to help with some forecasting. 

 

We used to be on Quickbooks and it was as easy as checking a box to switch between cash and accrual basis.

 

Any insight appreciated!


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Tim Rodman
Posts: 3204
 Tim Rodman
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March 15, 2021 4:48 am
(@timrodman)
Famed Member
Joined: 11 years ago

I haven't used this solution personally, but you might want to check this out:

https://www.augforums.com/forums/acumatica-report-designer/cash-flow-statement-that-is-accurate-based-on-actual-cash-transactions-and-the-related-accounts-they-are-allocated-to


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lucas
 lucas
(@lucas)
Joined: 5 years ago

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Posts: 4
March 15, 2021 5:50 pm
Reply toTim RodmanTim Rodman

@timrodman Thanks for the link. We were planning on using the imperium cash basis reporting tool but we ended up going a different direction since the report was only really needed once. Definitly seemed like a great solution to cash basis reporting in Acumatica.


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