|
Posted by Andreas Boehmer on November 8, 2006, 6:31 pm
Please log in for more thread options
Today I realised that when I set up my company in Quickbooks I accidentally
selected reporting on "Cash basis" instead of "Accrual basis". My company is
registered with the Taxation Office as reporting on accrual basis. I have to
admit that this setup has been running like this for two years already.
Of course I would like to set things right and was wondering what steps I
would have to follow to move Quickbooks from Reporting on a Cash Basis to
Accrual? I can't imagine that I could just go and switch the radio button in
the preferences. This might end in me paying for something twice (or not
paying enough)?
Any feedback would be fantastic.
By the way: I am using Quickbooks 2004 Lite, which is an Australian version
of Quickbooks, I believe.
| 
Yahoo! 
Google 
Windows Live 
del.icio.us 
digg 
Netscape 
XML Sitemap