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How to Choose: Cash Basis vs. Accrual Basis Accounting

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Manage episode 379588352 series 3503770
Indhold leveret af Accountable Processes, Inc. DBA Accountable Numbers, Accountable Processes, and Inc. DBA Accountable Numbers. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Accountable Processes, Inc. DBA Accountable Numbers, Accountable Processes, and Inc. DBA Accountable Numbers eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.

Today we're exploring the choice between cash basis and accrual basis accounting. We’ll talk about the differences between the two methods, how you choose between the two, and what the legal requirements are for each method. This is a decision that can significantly impact your financial reporting and tax obligations, so it’s important to understand each method, to make sure you are making the best choice for your business.

YouTube: https://youtu.be/hdCJyxbFuBU

  continue reading

23 episoder

Artwork
iconDel
 
Manage episode 379588352 series 3503770
Indhold leveret af Accountable Processes, Inc. DBA Accountable Numbers, Accountable Processes, and Inc. DBA Accountable Numbers. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Accountable Processes, Inc. DBA Accountable Numbers, Accountable Processes, and Inc. DBA Accountable Numbers eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.

Today we're exploring the choice between cash basis and accrual basis accounting. We’ll talk about the differences between the two methods, how you choose between the two, and what the legal requirements are for each method. This is a decision that can significantly impact your financial reporting and tax obligations, so it’s important to understand each method, to make sure you are making the best choice for your business.

YouTube: https://youtu.be/hdCJyxbFuBU

  continue reading

23 episoder

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