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Accounting Module – Global Debtor Export for Cash Based Accounting MYOB

Idealpos has two methods of sending Customer Account Sales (Debtors) to MYOB:

• Accrual Method – All Debtor and non-debtor sales are sent together to MYOB in a General Journal Entry transaction.
• Cash Method – All Debtor sales are sent separately to MYOB to a single Debtor Account.

The advantage of sending Debtor sales to a MYOB Debtor Account is so MYOB will correctly report Sales and GST for Cash Based Accounting.

The Profit & Loss (Accrual) Report will both paid and unpaid debtor sales:

The Profit & Loss (Cash) Report will only show invoices that have been paid:

The GST (Cash) Report will show the Tax Collected once the invoice is paid:

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