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• 15:55, 16 May 2024 Katrina Hechanova talk contribs created page Cash vs accruals (Created page with "== How does ContactsLaw handle cash and accrual accounting?== ContactsLaw supports both cash and accrual accounting, with the ability to independently govern how GST is accounted for. With respect to GST accounting, the accounting method (cash or accrual) determines how GST transactions are posted to the chart of accounts: *In cash mode (the default), bills and creditor journals post GST to the Provision for GST controlled account. Debtor receipts and creditor paymen...")