Tag: accrual accounting
Get a Full Picture of Your Business with Accrual Accounting
[et_pb_section fb_built=”1″ _builder_version=”4.9.7″ _module_preset=”default”][et_pb_row _builder_version=”4.9.7″ _module_preset=”default”][et_pb_column type=”4_4″ _builder_version=”4.9.7″ _module_preset=”default”][et_pb_text _builder_version=”4.9.7″ _module_preset=”default”] The cash basis of accounting is the method of recording revenue when cash is received and recording expenses when cash has been paid out. This method is easy and enables the business to legally manipulate taxable income. Paying less in taxes is as easy […]
Accrual Accounting vs. Cash Accounting – What’s the Difference?
The primary difference between these two is the timing of when transactions get recorded.
