[GNC] Cash Basis Accounting

[Rich Shepard]

On Tue, 4 Jan 2022, Don Gray wrote:

> The problem stems from the report being off by several thousand dollars as
> I’ve posted invoices but not received the payments.

Don,

What I do, on the advice of my previous accountant who's now retired, is not
to enter an A/P or A/R invoice until payment is made or received,
respectively. That way what you see is what you have.

In your case, I'd delete the accrual transactions until you receive the
payments.

HTH,

Rich