Just £0.02 that came to mind upon reading your message, Steve. If you are on Cash basis, then (strictly speaking) there is no need to ever have A/P or A/R accounts and ageing in your books. If you want to create your invoices in GC, have you considered trying a workflow whereby you do not post your invoices into GC until the actual payment date? I think you will still be able to "print" invoices from GC, but the reporting will be fully cash basis?
Or, of course, you could create your invoices outside of GC (Writer, Calc etc), and just treat them as simple (ie non-invoice) txns in GC, on the relevant date - though I appreciate this may be doubling the data entry. As I said, this is just £0.02, and it may not work for you in practice.... I will add that I managed to make GC do Accrual basis using the last version before the business subsystems were written (by Derek - about v1.6, IIRC), so it doesn't seem to me correct to suggest that GC "can't" do cash basis, as that was default behaviour in the early days. Maf. On Sunday, 12 September 2021 00:39:30 BST Steve Morrow wrote: > I spent much of today evaluating GnuCash for use with my U.S. based small > business. I found it to be robust in its functions. > > > > Unfortunately, it only supports the accrual accounting method (income and > expense recognized when invoiced or billed). My business uses cash > accounting method (income and expense recognized at time of receipt or > payment). > > > > I highly recommend an enhancement to add an accounting method option for > accrual or cash method. > > > > This makes a big difference in reporting! > > > > Steve Morrow > > > > _______________________________________________ > gnucash-user mailing list > gnucash-user@gnucash.org > To update your subscription preferences or to unsubscribe: > https://lists.gnucash.org/mailman/listinfo/gnucash-user > If you are using Nabble or Gmane, please see > https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- > Please remember to CC this list on all your replies. > You can do this by using Reply-To-List or Reply-All. _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
