Search found 2 matches
- Fri Mar 09, 2018 1:30 pm
- Forum: Accounting
- Topic: Cash vs Accrual
- Replies: 3
- Views: 1278
Re: Cash vs Accrual
Thanks for the reply. I am a CPA and yes the church management looks at things on a cash basis in general but accrual basis is required for GAAP purposes.
- Fri Mar 09, 2018 6:47 am
- Forum: Accounting
- Topic: Cash vs Accrual
- Replies: 3
- Views: 1278
Cash vs Accrual
I purchased this software for many reasons but missed the "cash-basis" only when purchasing. This is extremely disappointing, before moving to another software program I wanted to see if anyone has devised a best practice work around for recording expenses in the month they apply vs the month paid. ...