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Cash Income statement not giving correct values?
- Subject: Cash Income statement not giving correct values?
- From: Jigme Datse Yli-Rasku <..hidden..>
- Date: Tue, 03 Jul 2012 08:38:08 -0700
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When I go in and go through my income statement for the month of June
I want a Cash income statement and I get a value of $75.27 when I
expect a value of $312.29. If I go by current, I get the same value.
Which is to be expected.
Accrual is also apparently under reporting income at $947.62 instead
of, $1061.32. I'm not sure if this is something with the software, or
with how I have entered things. So far I believe I have entered
everything as either a sales invoice or a vendor invoice.
Right now, it looks like I need to print out my sales invoices to
justify my income for the month. I have one invoice that I have to
back date, that I forgot to enter. But this income statement would be
perfect if it was reporting the numbers I expected. I still have a
few days to figure this out.
Jigme Datse Yli-Rasku
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