When you are on a cash basis then you only really record in your accounts the income received and expenses incurred at the time of handing over of the cash so there is really no alternative to maintaining a separate record of occupancy and arrears etc to keep the taxman off your back. Main trick will be as you haven't recorded unreceived rent as income you don't write it off as an expense. Taxation authorities generally won't allow that if you are eligible to and elect to use cash basis accounting.
David ----- David Cousens -- Sent from: http://gnucash.1415818.n4.nabble.com/GnuCash-User-f1415819.html _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
