Cash Basis of Accounting

Cash Accounting is the practice of recording revenue when received in cash and recording expenses when they are paid in cash. There are two main methods of accounting; cash accounting or accrual accounting.

« Back to Glossary Index

Leave a comment

You must be logged in to post a comment.

Cougar Mountain Software develops leading on-premises accounting solutions. Our hallmark software, DENALI, is specifically designed to scale to clients’ needs while maintaining an unbreakable audit trail.