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What’s the Difference Between a Cash and Accrual Report?

Here’s the difference between a cash and accrual report.

Colin Connor avatar
Written by Colin Connor
Updated over 2 weeks ago

This feature is available on all Goodshuffle Pro Plans.

When you run a Tax Report in Goodshuffle Pro, you can choose between two report types:

  • Cash Report – Based on when the client paid

  • Accrual Report – Based on when the event takes place (what they paid for)

This selection affects which projects appear in your report.


Example

Let’s say a client pays you $400 in July for a project that takes place in August:

  • If you run a Cash Report for July → the project will appear, because that’s when payment was received.

  • If you run an Accrual Report for July → the project will not appear (it shows up in August instead).


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