Okay, thank you. The process I follow is: I enter invoices as work is performed; when payment is received I record that using Receive Payments (usually in the f...
Thank you. Perhaps this screenshot can do a better job of explaining my concern. I understand accrual basis accounting. That is why I don't understand the reaso...
Thank you for your response. I switched to Cash basis but the P&L report is still showing invoices and deposits as income. I am running the books with accrual b...
