Tag: cash accounting

  • What is the difference between cash and accrual accounting?

    What is the difference between cash and accrual accounting?

    For accountants, the concept of cash vs. accrual is straight forward. But small business owners often don’t understand it or how it affects their business. Business owners will typically leave the decision to their accountants on whether their business should be on a cash basis or accrual. Still, owners need to understand the difference, so […]