Cash vs. Accrual Accounting: Differences Explained
Determine the difference between cash and accrual accounting. Financial language can be hard to understand, so if you’re a small business owner, it can be difficult to determine what accounting method you should use for your business. This short course explains the differences between cash and accrual accounting in simple terms. Explore the pros and cons of both types of accounting and determine the best bookkeeping style for your business. Learn the fundamentals, explore the matching process you need for balance day adjustments, and find out how to use different types of worksheets. If you want to understand cash and accrual accounting properly, this is the course for you.