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Any accountants here who can answer how all of this applies to a business operating in a cash basis? Granted any sizable org won’t be, but Joe’s SaaS or Alice’
by koolba 3y ago
Any accountants here who can answer how all of this applies to a business operating in a cash basis?
Granted any sizable org won’t be, but Joe’s SaaS or Alice’s App is likely operating on a cash basis with a standard Jan/Dec fiscal year.
- paulmendoza 3y agoAny software dev that business does will be treated as a capital purchase. Doesn’t matter if you use cash basis or not.