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Cashflow and Revenue are two separate concepts. You can cash a check today for revenue you accounted for 90 days ago. You need to reconcile it but it doesn't
by arnon 3y ago
Cashflow and Revenue are two separate concepts.
You can cash a check today for revenue you accounted for 90 days ago.
You need to reconcile it but it doesn't have to happen at the same time. It's very normal to reconcile months later.