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jebprism
Level 1

Is there a way to base profit/loss on actual payments and not invoices in QBOL?

 
1 Comment 1
vpcontroller
Level 11

Is there a way to base profit/loss on actual payments and not invoices in QBOL?

@jebprism 

 

"Is there a way to base profit/loss on actual payments and not invoices in QBOL?"

 

Run the Profit and Loss on CASH BASIS instead of the Accrual basis method.

The cash basis method means income is from paid invoices.

 

profit and loss cash basis.PNG

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