The type of service doesn’t matter. Certainly, there are professional services who pre-bill and who use accrual instead of cash-basis accounting. (such a situation is exactly what accrual accounting handles) That’s more a question for a CPA as to which is the best fit for you.
Regards, Adrien > On Jul 31, 2019, at 11:10 AM, Rich Shepard <rshep...@appl-ecosys.com> wrote: > > On Wed, 31 Jul 2019, Adrien Monteleone wrote: > >> If you want a cash-basis Income Statement, you’ll need to modify your >> included accounts in the Accounts tab of the report’s Options. > > Adrien, > > Okay. That is preferable to unposting invoices. Mine is a professional service > business so ivoices are sent (and need to be paid) before services are > rendered. Many of my clients are on a retainer basis so invoices for coming > periods are sent in advance, but the money not received until the next > period. > > Would be nice to have a cash accounting option in addition to the default > accrual accounting option. > > Thanks, > > Rich _______________________________________________ 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.
