The news is out, and the patent is here! You’re getting the best of both worlds with Patriot’s newly patented Dual-Ledger Accounting. The feature automatically writes all transactions in each accounting method at the time of entry. Because the software does the heavy lifting, you can easily view your transactions in cash, modified cash, or accrual basis without the need to convert transactions.
Accounting Premium users with multiple user accounts can save their accounting basis preferences in the software (so there’s no more “dueling” it out with your accountant!).