While MYOB can produce one cash basis report as shown below, it does not provide the ability to produce a true cash (from Cash Disbursements and Cash Receipts) by excluding non-cash transactions from general journals and sales journals.
What can be done ?
BudgetLink provides the ability to create Profit and Loss and Balance Sheet reports on a true cash basis (Cash CR DR). Not only this, but it also allows you to filter that data by Detail Job, Job Header, Category, Company and across multiple financial years.
How does it work ?
Once BudgetLink is installed and connected to your data files, run any report within BudgetLink. When choosing a version, select either the Cash Cr Dr Version.
Note that the Cash Cr Dr version is disabled by default.
The Cash Cr Dr versions is available for:
- MYOB AccountRight Classic (MYOB Accounting, Accounting Plus and Premier);
What costs are involved ?
|Features / Edition Matrix||FREE
|Cash Cr Dr Basis Reporting||$660/year|