Category Archives: Cash-based and Accrual Based Accounting

Cash Based Vs. Accrual Based

Cash Based Vs. Accrual Based Accounting–Which is best for your business?  That’s our question of the week. Cash-Based and Accrual-Based Accounting are the two major divisions of accounting methods.  Businesses utilize one of these two types of accounting methods to record and report financial transactions. Cash Based Vs. Accrual Based Accounting:  The “You Asked for…