Sunday, April 28, 2019

Use Net Income from Cash Basis Income Statement in Balance Sheet

1.    Reports > Financial > Balance Sheet > Customize.

2.    On the Edit Layout section

3.    Expand for Equity > then choose reference row for Net Income.

4.    On the Report field > choose your custom Cash Basis Income Statement report.

5.   Click Save.


Note: For information on how to customize Income statement to Cash basis reporting refer to the article: Setting up Cash Basis Reporting

Note that this will result to the Balance sheet not being balanced since Cash Basis Balance sheet is currently an enhancement.  

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