interAccounts's avatar
interAccounts
Valued Cover User
11 years ago
Status:
Archived

Report: Profit and loss - Indication of accounting basis

The following reports in LiveAccounts should be clearly marked as Cash or Accruals basis in the browser reports before it is exported:

  • Profit & Loss Statement
  • GST detailed report

Currently this option is hiding under the 'Report Options', and you need to click on this hyperlink to be able to see whether it is cash or accruals.

 

Whilst the system may remember the last selection, it is very difficult to identify whether someone else has changed the selection since last looking at these reports.  It can get very confusing if you expect a certain report based on one accounting method and rely on it to find out later that someone else had changed it to the other accounting method and that you've prepared your BAS / accounts incorrectly.

 

This used to be clearly shown before it was consolidated and hidden beneath the 'Report options' and I'd like to see it brought back.

 

"Reports clearly identified as Cash or Accruals in browser before exporting"

  • Suja_P's avatar
    Suja_P
    Former Staff
    Status changed:
    New
    to
    Open
    Thank you for your post. I agree, it would be be handy to show if a report is on Cash or Accrual basis, before it is exported. Others who would like this change please vote and comment.
  • Status changed:
    Open
    to
    Done

    Hi Everyone


    MYOB Essentials will not clearly indicate on screen the accounting basis of the report (underneath the report name) when displaying that report. This information will be included in the exported PDF or XLS file.