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Thought Leadership from the Leaders in Virtual Accounting and Bookkeeping Services
20, July
2022

The Pros & Cons of Accrual Accounting

Entrepreneurs usually don’t go into business to spend all their time doing accounting. So, if you’re like most business owners, you may not necessarily be familiar with the options in accounting methodologies.

Accrual accounting is one of the two common methods used. The other is cash accounting. Here’s a look at the pros and cons of the accrual accounting method, to help you understand the advantages it offers over the cash accounting method for many companies. 

17, July
2021

The Benefits of Accrual Accounting for Your Business

Accounting methods are tools for businesses to use in order to record their finances and keep track of their finances..

 
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