Why You Want to Use Accrual Accounting for Inventory

Understanding the difference between cash vs accrual accounting for your inventory means the difference between skewed margins and accurate ones.

What you'll learn:
👉 The difference between cash and accrual accounting
👉 Why accrual basis accounting is generally preferred
👉 How to choose between them

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🔥 If you need help with your ecommerce accounting, click here to learn more about our ECOMMERCE ACCOUNTING SERVICES:
https://ledgergurus.com/ecommerce-acc...

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⬇️ MORE STUFF YOU SHOULD CHECK OUT ⬇️

** INVENTORY PLAYLIST: **
   • Inventory & COGS  

** BLOG: Cash vs. Accrual Accounting for Inventory **
https://ledgergurus.com/cash-vs-accru...

** BLOG: The Essential Guide to eCommerce Accounting & Choosing the Right Accountant **
https://ledgergurus.com/ecommerce-acc...

** BLOG: 3 Inventory Costing Methods & How To Choose One for Your Business **
https://ledgergurus.com/inventory-cos...

** Recording Cost of Goods Sold (COGS): Cash vs. Accrual Methods: **
   • Recording Cost of Goods Sold (COGS) |...  

** How to Create a Journal Entry for COGS in QBO: **
   • How to Create a Journal Entry for Cos...  

** If you're interested in our ECOMMERCE ACCOUNTING SERVICES, click here to contact us: **
https://ledgergurus.com/ecommerce-acc...

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🧑‍💻 EMPLOYMENT OPPORTUNITIES:

We are always looking for awesome CPAs, accountants, and bookkeepers to join our team. If you're interested in working for LedgerGurus, check out our careers page: https://ledgergurus.breezy.hr/?utm_so...

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   • Why You Want to Use Accrual Accountin...  

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