Accrual vs. Cash Basis Accounting

I am trying to find a way in the accounting portion of ERPNext to switch between Accrual Basis and Cash Basis, but I can’t see any place in the setup…

How can I do this?

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For Cash basis accounting you can directly use Journal Entry I would think. For accrual there are standard entries created when you bill or have purchase invoices

Right… In most accounting systems the user can select between cash or accrual basis for all the automatic calculations/entries… Is there a way to set the ERPNext system to cash instead of accrual?

Is such feature in wishlist for ERPNext?

Erpnext has the two bases of accounting.Just use journal to all the cash transactions for cash basis.use journal plus invoices for accrual basis.