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Accrual or Cash? How to Choose the Best Accounting Method for Your Business Goals
Do your financials feel off, confusing, or just plain useless for making decisions? You might be using the wrong accounting method for what you're trying to accomplish.
In this episode, Matt and Mike walk through what cash basis and accrual accounting actually mean, why it affects your decision-making (not just your tax bill), and how to know if you're on the right method.
Learn why your numbers might swing wildly month to month, how to get financial statements that actually help you make decisions, and why reporting one way for insights and another way for taxes is perfectly legal (and…
The skinny
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