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Thought Leadership from the Leaders in Virtual Accounting and Bookkeeping Services
5, April
2021

Cash Basis or Accrual Basis: Which should you implement?

Most business professionals understand cash basis and accrual basis accounting on a surface level. However, precious few people have a comprehensive understanding of what each of these accounting terms means and how they differ from one another. Furthermore, understanding these accounting methods is not enough in itself. What matters most is that you implement the optimal method for your unique business.

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26, June
2019

Cash or Accrual Accounting: How to Decide and What Happens if You Change Your Mind?

The accounting method you choose to use can determine how you show a profit in a given year. This directly affects.

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28, July
2017

GAAP Principles: Using the Accrual Concept

The accrual concept of accounting is the only method that is recognized within GAAP principles, the generally.

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