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Comparing Accounting Methods For Small Businesses

Remote Quality Bookkeeping

The term refers to the rules your business must follow when reporting revenues and expenses. The two primary accounting methods are cash accounting and accrual accounting. Hybrid accounting, as the name implies, is a mixture of cash and accrual accounting.

article thumbnail

Comparing Accounting Methods For Small Businesses

Remote Quality Bookkeeping

The term refers to the rules your business must follow when reporting revenues and expenses. The two primary accounting methods are cash accounting and accrual accounting. Hybrid accounting, as the name implies, is a mixture of cash and accrual accounting.