[GNC] Income statement incorrect

Rich Shepard rshepard at appl-ecosys.com
Wed Jul 31 12:05:56 EDT 2019


On Wed, 31 Jul 2019, Derek Atkins wrote:

> This is a question of Cash vs Accrual accounting. The business features
> imply Accrual accounting, so yes, if you have Receivables that *is*
> included in the Income Statement.

Derek,

Ah so. That answers many report questions I've had. My business has always
been on a cash accounting basis.

> See https://bugs.gnucash.org/show_bug.cgi?id=95700

This has apparently been an issue for about 17 years. The last post on that
thread, by Christopher Lam in 2017, suggested he was working on a solution.
I assume that has not been implemented.

So I need to unpost invoices and leave them that way until the checks are
received? Seems to me there are other cash-accounting businesses that would
benefit from being able to use that option on all reports and all periods.
Of course this leaves A/R out of any reports such as trial balances.

Thanks for explaining,

Rich


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