accrual
Accrual vs Cash: Which Is A Better Business Practice?
The key component to accrual versus cash is that you are matching your revenue to your expenses. Basically, recording that revenue when you have earned it and recording those expenses...
Understanding Accrual vs. Cash Accounting
At least once per year, if not any other time, you’ll get asked whether or not you operate your business using accrual or cash-basis accounting. Since this question typically arises...