Accrual to cash conversion

  • 24 January 2022
  • 1 reply

Has anyone created an accrual to cash financial statement within the system for the BS & IS? Any suggestions on building that report?


Best answer by ChandraM 4 February 2022, 22:40

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Hi @proman64 Please find the below steps for a simple way of Cash Conversion from Accrual entries.

  1. Create a new Ledger for Cash reporting - for example CASHBASIS
  2. Extract the required GL entries that has Cash Account Impact and posted for example paid Invoices and Paid AP Bills. Prepare an excel with the required data.
  3. In the Journal Entry, select the new ledger and upload the entries from the excel sheet prepared in step#2.
  4. Release the Journal Entry. 
  5. Use the new CASHBASIS Ledger in the ARM report definitions to extract the data.

Note: Please verify in a test environment.



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