Unless you use the Accrual Method (you would know if you do) then you use the Cash Method. Cash means you report income when you receive it and expenses when you pay it.
1 Replies
VolvoGirl
Level 15
Jun 5, 2019 10:23:15 PM
Unless you use the Accrual Method (you would know if you do) then you use the Cash Method. Cash means you report income when you receive it and expenses when you pay it.