What is the difference between cash and accrual accounting 💡

Have you ever wondered how Cash Basis and Accrual Basis Accounting differ?

Before you may try bookkeeping while starting a business, the owner must choose an accounting basis and set up the Chart of Accounts in accordance.

The distinction between the 2 is addressed in this quick video.

Amazing internet programs are available to assist with doing your own bookkeeping. Contact support@metafinancelab.com if outsourcing this task is what you prefer.

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