What is Accrual?
The default accounting method in GL Pivot solution is Accrual. The Accrual basis reporting income from invoices is recognised at the date of the invoice and expenses are recognised from bills from the date of the purchase. ODBClink can report in multiple versions they can report in either cash or accrual.
Most of MYOB’s reports are generated on accrual basis. ExcelReportLink can report on two accounting methods cash and accrual , when you choose accrual it will be using accrual based accounting method.
All the ExcelReportLink GL Pivot Solution Editions allows you to produce accrual-based Profit and Loss and Balance Sheet Reports.