Which accounting method do I select for Herbalife Independent Distributor business?

[katiaortega83]

Cash method or accrual method. Not sure what to choose if you receive checks from Herbalife.

[Marketstar]

Use the Cash method if you recognize income when actually earned and expenses when actually paid.

The ACCRUAL method of accounting is a bit more complicated and is often used by businesses that carry an inventory and/or sell on credit. Income is reported in the year earned even if not received yet, Expenses are reported as incurred even if not paid yet