ACCRUAL VS CASH

​Most architectural firms must use cash accounting for tax purposes. Only what you receive or paid is counted. 
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The downside of cash accounting is that you don’t know how you are doing until later so it is a poor choice for management. 
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Accrual accounting counts income when you invoice it and expenses when you get the bill. This is what you need to manage. 
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MyCorbu lets you choose which you want. If you want accrual, there are Receivables and Payables tables to assist in converting Accrual to Cash.