Remove Account Remove accounting basics Remove accounts payable Remove accrual accounting
article thumbnail

Understanding Accounts Receivable (AR): Accounting Basics You Need to Know

Snyder

However big or small your business is, you’re familiar with the notions of accounts receivable and accounts payable as integral parts of accounting. But if you’re a business owner trying to make sense of your finances, it’s good to master the basics. What is accounts receivable (AR)? Let’s dive in!

article thumbnail

Accrual Accounting vs Cash Accounting: What Is the Difference Between Accrual and Cash Accounting?

Snyder

As a small business owner, making sense of the accounting basics and bookkeeping terminology might be giving you a little bit of a headache. At the same time, being able to successfully maneuver the world of accounting is crucial to the success of your business. What is accrual-basis accounting? Contents: 1.

article thumbnail

What Type of Accountant Does Your eCommerce Business Need?

xendoo

Chances are that your accounting and bookkeeping needs are low on your list of priorities, but that can come back to bite you. Your eCommerce business requires the attention of an eCommerce accountant. . Today, we’ll show you how partnering with an accountant that specializes in eCommerce can help your business to thrive.

Account 52