If you’re on the board of your HOA, you may find your team oscillating between choosing cash or accrual accounting for the finances. Each offers different accounting for hoa benefits, and it’s important to understand the difference between them to […]
December 2020
This means if you sell a good or service, you will record this transaction as revenue even if you don’t receive the cash payment at the moment. Similarly, if you purchase any good/service or have any payments and debts due, […]
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