Hello, when I run a P&L with cash the figures are higher than with accrual (report to date)- I thought that it would be the other way around as I thought that a cash P&L would only show what has been paid? Maybe I am getting confused somehow though! Thanks for your advice
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Welcome to the Community page,
could you send us some screenshots of this so we can have a look at it for you?
Also, can you click into the transactional reports to see if there is anything that doesn't look right in there?
And can you also try clearing your cache and cookies, close the browser down, reload it log into your account, and see if it shows differently or not?
Hello lkoups, If you are on the accrual method for accounting yes we'd expect that to be higher as the invoices not paid are generally higher than the ones paid, unless you have none overdue. Do you have a lot of sales receipts and expenses as they would be classed as paid straight away?