There is a great page in the knowledgebase titled “Generate a cash based Profit and Loss report”. It’s full of useful information. The only thing that it doesn’t tell you is how to actually generate the report.
I’ve upgraded to a Power User subscription, which it hints is necessary in order to generate a cash-based P&L, but there is no such report listed and it is not at all obvious how to do it.
Where is this report hidden, and how do I generate one?
Thanks for the suggestion. I did find this one, but it assumes that the report is a VAT quarter and limits it to 3 months.
I could stitch a full-year report together with this, but it’s a bit of a faff. The note at the top suggests that there is a full cash-based P&L hidden somewhere, so the search goes on!
Interesting - I did not know that. I’ve always used cash basis for everything, so I’ve got an interesting accounting challenge before me to switch to accruals!