Which Accounting Method To Use (Part 1)

The IRS gives small startups considerable latitude in their choice of accounting methods. Part 1 of this tutorial lays out the IRS guidelines governing which method your startup is free to use. It then contrasts the way income and expenses are reported in the two primary methods, cash accounting and accrual accounting.

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Which Accounting Method To Use (Part 3)

The third part of a three-part series on determining whether an accrual accounting system or a cash accounting system is best for your business. This installment looks at the trade-offs in choosing one of these systems over the other and shows how inexpensive accounting software allows you to draw on the unique advantage of both systems to monitor the health of your business.

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