I thought it was standard accounting practice to only count actual cash coming in and out of the bank in the current quarter.
Are you saying you now count future cash coming in? What about future bills too? This could get complicated. What about the 2017 tax bill and also 2018, 2019, 2020?
What's going to happen next quarter, do you take out this quarters income and expenses that you paid in the next quarter? Then add in the income and bills that occurred in the next quarter but will not be acted upon until the following quarter? Wow this is a new accounting method. Good luck with that one.
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