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dhorchler
Level 1

Can I get the cash basis financial statement report to ignore a JE created for accrual basis reports?

With a JE, I accrued at month-end for a bonus payable. I reversed the transaction on the first day of the following month. Accrual based financials are fine. However, the cash basis financials also show the accrued amount and the subsequent reversal.
3 Comments 3
IamjuViel
QuickBooks Team

Can I get the cash basis financial statement report to ignore a JE created for accrual basis reports?

It's great to have you here, @dhorchler.

 

Welcome to the Community! I want to make sure you're able to take advantage of the reporting feature in QuickBooks Online. Let's get started!

 

With QuickBooks Online, you can generate different type of reports to suit your business needs and accounting methods. You can also customize these reports to show only the specific information you want.

 

To view a Cash-base report, here's how:

  1. Go to Reports.
  2. Choose the specific report you want to view.
  3. Under the Accounting Method, click on Cash.
  4. Click Run Reports.  

Also, you can memorized the customization you've made so that when you view the same report again it will automatically display the data you want to see.

 

If you need further help with the steps above, I’d recommend contacting our Customer Care Team. A specialist will be able to access your account on a secured environment and further assist you via secured remote access session.

 

Here's how to contact us:

  1. Go to: https://help.quickbooks.intuit.com/en_US/contact.
  2. Select your QuickBooks Product.
  3. Go to your QuickBooks Version.
  4. On the Contact Us page, click a topic.
  5. Click on the Get Phone Number button to see the support number.

That should do it! This should get you going running a cash-base financial report.

marthamichael
Level 1

Can I get the cash basis financial statement report to ignore a JE created for accrual basis reports?

I have the same question, using QBO and unfortunately haven't been able to find a good answer.   Please let me know if you figure it out.

 

Malcolm Ziman
Level 10

Can I get the cash basis financial statement report to ignore a JE created for accrual basis reports?

In QBO a JE shows in cash basis regardless.

 

Here is a discussion

 

https://quickbooks.intuit.com/community/Reports-and-accounting/Cash-Basis-Journal-Entry/m-p/197591#M...

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