Cash vs Accrual Accounting: Which is Better for Your Business?

Описание к видео Cash vs Accrual Accounting: Which is Better for Your Business?

Cash and accrual accounting are two types of financial reporting methods, and their difference lies mainly in how they recognize revenue and expenses. Cash accounting records revenue and expenses when a payment is made or received, while accrual accounting records them when they have been earned or incurred.


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