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This pretty much exactly describes a huge portion of the business we do. I've found cash basis very very nice in comparison to accrual for this exact use case.
by gte910h 17y ago
This pretty much exactly describes a huge portion of the business we do. I've found cash basis very very nice in comparison to accrual for this exact use case. (And was what was recommended by an accountant in particular).
Does your accounting software make it unable to track invoices if you're not doing accrual or something? Mine does invoicing, AR, and other accounts just fine.