Reports - Report Type
UHRP3
Member Posts: 78 ✭✭
Hello,
In Report - Report Type there is option Accrual (Paid & Unpaid), my query is can it be splitted into three types as below
Accrual (Paid & Unpaid)
Accrual (Paid)
Accrual (Unpaid)
I am aware that Wave fundamentally works on accrual, but to generate real time reports these options will be helpful.
Currently I am exporting the data and then playing with excel to get the itemised actual paid invoices.
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Hello @Alexia
Just an update, when I choose the option Cash & Cash Equivalent then the report is correct
Hmmmm I need to explore a lot, but any way thanks for the great product
You're too fast for me, @UHRP3!
Wave works with accrual accounting (which means income or expenses are created when an invoice or bill is made, not when it's paid). We do have this option for the Account Transactions report, as well as the Cash flow report to help out businesses who use cash-based accounts or just want a better view of money that they actually have on hand at the moment.
Happy to hear you're enjoying your experience thus far!