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Replying to:
mmurrell1
Level 3

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"I recognize the importance of incorporating the bill and posting dates in QuickBooks Online (QBO). Many users will benefit from this, as it ensures accuracy on when to pay bills and invoices.:

 

This is NOT about when to pay bills and invoices.  This is WAY bigger than that.  This is about producing accurate accrual basis financial statements.   QB cannot accurately produce accrual basis reports or financial statements.  As another poster suggested, using QB as it is today would never stand up to a GAAP audit or an IRS audit if the client uses the accrual basis of accounting.  

 

The suggestion that we log into our OB find the gear, and send in suggestions irritates me.  Why can't these posts suffice?

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