Cash basis accounting records when cash actually changes hands in a transaction, providing a real-time view of your financial position that reflects the actual cash flow of a business or individual.

Cash- and accrual-based business accounting are two methods for tracking financial performance. Learn which is right for your business.

Accrual accounting is one of the primary accounting methods and is based on the matching principle, which dictates that revenues and their associated expenses be recorded in the same accounting period ...

Effectively managing cash flow is one of the most critical skills business leaders must possess if they want their companies to grow profitably. A well-thought-out strategic plan doesn’t mean a thing ...

Accrual basis accounting is typically the preferred method, but cash basis accounting may work for very small businesses. Many, or all, of the products featured on this page are from our advertising ...

Every business leader knows how critical revenue and profit are to a company's long-term success. But there's another factor that's equally important to an organization's day-to-day health: cash flow.

Kelly Main is a Marketing Editor and Writer specializing in digital marketing, online advertising and web design and development. Before joining the team, she was a Content Producer at Fit Small ...

Cash flow problems remain one of the leading causes of business failure, making cash management one of your most important responsibilities. The good news is that with the right approach to corporate ...

Unless you know a bona fide psychic, no one can claim to really know what the future holds. The pandemic is proof of that. But in business, it’s important to know what the future might be, hopefully ...

Cash flow forecasting is the process of estimating your future cash inflows and outflows over a specific period. With a good forecast, you can see exactly when cash will flow in and out of your ...

As a CFO or founder, you're constantly balancing competing financial priorities. While managing working capital, you’re also funding growth initiatives and meeting with investors. And although your ...