Cash Vs. Accrual Accounting: What's the Difference?

One of the biggest issues when it comes to small businesses is how to account for money that flows into and through your business. When it comes to Cash Vs. Accrual Accounting there are several differences.
In this video, I will talk about the two methods that are utilized which are Cash accounting and accrual accounting, and touch on some of their major differences and how they are utilized depending on what type of business you have. Deciding which one you utilize is up to your business type and both have their own advantages and drawbacks. #accounting #smallbusiness #bookkeeping


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