HI, I am a new user for Manager. my concern is the part of choosing overall accounting basics of accrual vs cash. My business is cash based and I would like to manage it that way. but the software has no edit feature to change to cash based.
The guides shows where to change it, But I don’t see it in the desktop version. is this option only in cloud version ?
Hi, thank you for your reply, however I have not yet found the guide more useful yet, as I mentioned in my initial query the EDIT part in the summary I don’t see it. Even after reading through the guide again I am unable to find. let me try and past a SS here.
Yes, I have checked this box, but the I did not see any drop down menu which enabled me to choose between the two types. I am sorry for being a noob.
I am setting up this accounting package to manage a small restaurant business, together with using my knowledge to get a good picture of running the business. I am getting confused as to which expenses would require daily input and which ones I can enter in the journal, how the two will be different. I have already setup some basic expenses that I incur in the expenses on Profit & Loss Statement.
P.S. Cash based expenses almost 90% and income earned varies from payments made mobile and cash.