[GNC] Cash Accounting Method

[Greg Feneis]

Hi Steve,

I operate a sole proprietorship in the US in cash basis and have been using
GnuCash for many years. Perhaps 10 years?  Of the few problems I've
encountered using GnuCash, its not explicitly supporting cash basis
accounting hasn't been one of them.  However, my business is small, and I
have no employees.  It switches from being a main source of income to being
a side hustle, depending on my employment  status.

Welcome to GnuCash.  If you have a specific need not being met by GnuCash,
perhaps mention that, and the kind folks here may help find a way to get
you what's needed.



Kind regards,

Greg Feneis




On Sun, Sep 12, 2021 at 2:54 AM Steve Morrow <stevem at stevemorrow.net> wrote:

> I spent much of today evaluating GnuCash for use with my U.S. based small
> business. I found it to be robust in its functions.
>
>
>
> Unfortunately, it only supports the accrual accounting method (income and
> expense recognized when invoiced or billed).  My business uses cash
> accounting method (income and expense recognized at time of receipt or
> payment).
>
>
>
> I highly recommend an enhancement to add an accounting method option for
> accrual or cash method.
>
>
>
> This makes a big difference in reporting!
>
>
>
> Steve Morrow
>
>
>
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