Cash vs Accrual Accounting Methods Explained

In this video we’re going to take a look at two different methods of accounting: the cash method and the accrual method. You will find out: what the differences are between the two methods; what the advantages and disadvantages are of each method; and which one is best for your business.

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00:00 Cash vs Accrual Accounting Methods Explained
00:35 What is cash accounting?
00:40 Cash accounting advantages
01:27 Cash accounting disadvantages
01:59 What is accrual accounting?
02:19 Accrual accounting disadvantages
03:47 Accrual accounting advantages
05:26 Cash vs accrual small business accounting

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