Futrli Ideas Portal

Changing Accrual to Cash basis on Reporting

You can change Accrual to Cash basis on Forecasting, but you can't on Reporting!

  • Guest
  • Aug 27 2024
  • We're taking a look at this
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  • Guest commented
    27 Aug 20:04

    The reason I request this, is part of our Advisory in our Management Account Reporting, is informing clients of Tax Liabilities. As clients are on a VAT cash scheme, the reporting in Futrli only provides Accrual figures. So using the VAT account to report monthly VAT liability is incorrect for said clients! We have done a work around for now with setting up new CoA and journals, but it's a bit of a faff every month. It would be so much easier to click a button in Futrli to allow Reporting on a Cash Basis.