Cash Basis Reporting
I looked in SuiteAnswers and couldn’t find any documentation on the logic NetSuite applies to convert Income Statement Reports from an accrual to a cash basis. Does anyone know of specific documentation?
Hi,
Under Setup> Company>General Preferences>General Ledger.
This is the setting of Cash basis reporting.
NetSuite Help for Cash Basis Setup
https://4299927.app.netsuite.com/app/help/helpcenter.nl?fid=section_N1385293.html
https://4299927.app.netsuite.com/app/help/helpcenter.nl?fid=section_N744837.html
Hope this will work, thank you!
JRC
Thanks – I’m looking more for documentation into how it is calculated though. For example if I have a JE I subsequently use to apply a payment against does it look into all of those relationships or just the bill/invoice related payment time stamps?
I see, Hope this will help you,
https://docs.oracle.com/cloud/latest/netsuitecs_gs/NSFST/NSFST.pdf
https://jcurvesolutions1.zendesk.com/hc/en-us/articles/203379809-Cash-Basis-vs-Accrual-Accounting
Thank you!
