I have been using Manager for 6 months for my simple kindergarten business. The Manager has been very easy and for lay person like me without any knowledge of accounting.
Of late I started to use the reports for tax purposes. Upon doing that, I discovered the number of profit is bigger than my actual bank/cash balance. I audited through all my records, they are all correct. I wondered what went wrong. Can anyone enlighten me about the reports, profits and loss and what should I report to the revenue department by using Manager?