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The original Bank Data is permanently saved for reference. The original bank data (date, payee, amount, description, etc.) is saved, easy to see, and cannot be changed by accident. Accounts payable and accounts receivable transactions are recording on both a cash and accrual basis, just change the company default and the books change methods easily
Brian Thomas — Having spent time messing with Quickbooks and being frustrated, I was up and running fast and easy with Cheqbook the first