Thanks for coming back to the Online Community, abstractjuz.

I’m happy to know the steps I provided fixes the issue you’re having on the Profit and Loss Report.

In regard to the Balance Sheet report, I need some information to help me get a clearer picture of what happened. Are you using a different currency when creating transactions? Did you create a journal entry?

If so, what are the accounts used? I appreciate if you can also send screenshots of the report for both reporting method (Cash/Accrual).

Thanks in advance. I’ll be on a look out for your response.