I’m shocked there are this many different options
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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Accrual always, worth it in the long run.
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Accrual. Gives a more accurate picture of your P&L. Cash is better if you want to spend less time accounting and you're ok with seeing Revenue/Costs matched to when cash comes in/out.
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for recurring revenue, it's not entirely accurate.
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Accrual. Way more accurate picture of business reality. Getting paid $100k cash for work performed over the next 6 mo should be spread out. Etc.
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You do this for recurring revenue businesses too?
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You’re probably joking, but I find most companies do just that. :)
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Whichever makes our numbers look better for that month ;) JK. Use cash because it’s the “truth”.
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Username checks out
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