article thumbnail

Accounting for Startups

inDinero Accounting

Accrual accounting includes accounts payable and receivable in these calculations. With a controller generating your financial statements and reports, the accountant can focus their efforts on making sure you have clean books. In some businesses, the bookkeeper sometimes also acts as an accountant.

Account 52
article thumbnail

Accounting for Startups

inDinero Accounting

Accrual accounting includes accounts payable and receivable in these calculations. With a controller generating your financial statements and reports, the accountant can focus their efforts on making sure you have clean books. Bookkeeper. In some businesses, the bookkeeper sometimes also acts as an accountant.

Account 52