Hi Martijn,
Gnucash is capable of supporting both cash and accrual accounting. The
business features (accounts receivable and accounts payable) are explicitly
accrual accounting based however as they record the income at the time the
invoice is created normally on the date the service is rendered
Hello,
Can I use the 'Cash' method for bookkeeping with GNU Cash?
I have a medical office and often insurances pay 4-6 weeks from my invoice
date.Therefor my revenue on P&L shows really good, so does my profit, yet I
didn't make this profit.
When medical insurances pay me, they only pay me like 1