Display Accrual-Basis Reports in Cash-Basis Accounting
Before you can perform this task
Write down or remember the name of the folder in which you store your company data. You will need to know this later when you delete the temporary company file.
To print an accrual-basis report in cash-basis accounting:
- In the Home window, from the File menu, choose Save As.
- In the File name box, type Temp.sai or another name to indicate that it is a temporary company file, and click Save.
- Change the temporary file to accrual-basis accounting as follows:
- If they do not already exist, create and link an Accounts Payable and an Accounts Receivable account.
- From the Setup menu, choose Settings, then Company, and then System.
- Clear the Use Cash-Basis Accounting option.
- The program displays a message warning you that all outstanding cash accounting entries will be processed, and asks if you are sure you want to do this. Click Yes.
- In the temporary file, print the accrual-basis reports you need.
- When you finish printing, using Windows Explorer, delete the temporary files so you do not confuse them with your regular company files. For more information about deleting files, refer to your Windows documentation.
Note: The program processes all outstanding cash-basis accounting entries in your temporary company files as of the session date. The temporary data now uses the accrual-basis accounting method.