Remove accounting terms Remove accrual accounting Remove tax preparation
article thumbnail

Cash vs. Accrual Accounting

inDinero Accounting

However, deciding between cash vs. accrual accounting methods is a critical one that will have far-reaching implications. Your choice between accrual vs cash will affect your business in several ways. For instance, why is it essential to select between cash and accrual accounting methods?

article thumbnail

ARE ALL ACCOUNTING SERVICES THE SAME?

Basis 365

You won't find many people who are willing to work part-time for any length of time for each accounting function. Accountants are usually pigeon-holed as either tax preparers or bookkeeping bean-counters. It is difficult, if not impossible, to start running scenarios without proper accrual accounting.