Should You Keep Your Books on a Cash or Accrual-Basis?

Should You Keep Your Books on a Cash or Accrual-Basis? - http://cfowise.com Avatar Posted by CFOWISE under Management
From http://cfowise.com 4725 days ago
Made Hot by: Small Business Manifesto on June 24, 2011 2:50 am
Unless you have zero employees and are very small, chances are you will get the most benefit by keeping track of your books on an accrual basis. Why? Because accrual is about managing and improving performance, profit, and cash. Cash-basis accounting cannot help you do that.





Comments


Log in to comment or register here.
Subscribe

Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!