Hi!
I am having a hard time figuring out whether my business is in profit or loss.
Cash basis says i am in profit and Accrual basis says i am in loss.
Please, someone, help me with this.
Hi!
I am having a hard time figuring out whether my business is in profit or loss.
Cash basis says i am in profit and Accrual basis says i am in loss.
Please, someone, help me with this.
do not share your business file on forum unless specifically asked by the developer.
please remove the link to your business file.
also, read the below topic
Differences in profit/loss performance between accrual and cash basis accounting are normal and expected. Read this Guide: Manager Cloud.