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Understanding Bookkeeping: Cash vs. Accrual Method for Small Businesses

Understanding Bookkeeping: Cash vs. Accrual Method for Small Businesses

by Apollo | Jan 8, 2024 | Resources

The difference between cash and accrual Introduction to Bookkeeping Methods When you start a small business, managing your finances is crucial for success. One of the first decisions you’ll face is choosing a bookkeeping method. The two most common methods are...
Bookkeeping vs Accounting: What’s the Difference and Which One Do I Need?

Bookkeeping vs Accounting: What’s the Difference and Which One Do I Need?

by Apollo | Jan 8, 2024 | Resources

In the realm of small business management, two critical components that frequently come up in discussions are bookkeeping and accounting. Both play vital roles in the financial health of a business, yet they are distinct in their functions and objectives. Bookkeeping...
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