Understanding Cash vs. Accrual Accounting: Which One is Right for Your Business?
💡 Cash vs. Accrual Accounting – What’s the Difference?
📌 Cash Accounting – You record income when you receive payment and expenses when you pay them. Simple & great for small businesses!
📌 Accrual Accounting – You record income when it's earned (even if not paid yet) and expenses when incurred. Better for growing businesses!
✅ Most small businesses start with cash accounting, but accrual gives a clearer financial picture especially if you're scaling.
💬 Not sure which one fits your business? Let’s chat! 👇
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