This is our first year in sage, so as we are looking towards tax season we are curious how all of you pay your taxes. We have traditionally used Cash basis so now feel a little lost not seeing a cash income statement. So if you pay your taxes in Cash using Sage 100 Contractor, how do you know your numbers? Do you have your accountant figure them, do you have a specific report you use? Is the Statement of Cash Flows like a cash report?
If you pay in accrual. Did you switch from Cash? How was the process in changing over?
If you continued in cash or switched to accrual what was your reasoning?
Thanks in advance!