Financial Management: Cash vs Accrual Accounting
- Type
- Publication
- Date of Publication
- December 7, 2021
- Price
- See Agrilife Learn
Topics:
Overview
This publication explains the differences between cash and accrual accounting and suggests how farmers and ranchers can get the best of both accounting systems. There are sample income statements and a table to illustrate the adjustment of cash basis records to approximate accrual basis records. (4 pages)
Looking for solutions in your county? Contact your local extension experts
More choices in Business & Community
- Course
Explore introductory farm and ranch concepts, business planning basics, and best practices to overcoming barriers to success. Farmers and ranchers will discover valuable training programs and funding resources in this BattleGround to Breaking Ground online course!
- Course
The primary goal of QuickBooks education is to help farmers and ranchers improve their financial recording-keeping and analysis capabilities, thus allowing them to make better management decisions.
- Course
The BattleGround to Breaking Ground Program (BGBG) consists of several Program Tracks developed for active-duty military, military veterans, their families, and the general public who are new / beginning farmers and ranchers to assist them in starting or enhancing a production agriculture business. The program offers online business planning courses, hands-on training and mentoring, and online agriculture production courses for the Skills Training Program, Traditional Program, and Condensed Programs. It also offers Tracks that offer introduction to agriculture type workshops through the Introduction to Agriculture Business online course and the in-person Boot Camp.
- Publication
This publication outlines the responsibilities of a homeowner whose wastewater is treated by an aerobic treatment unit and spray field.
- Course
Did you know that email, internet posts, instant messages, and text messages are all subject to open records requests? This basic course in records management will help you understand public information requests, rights of requestors, your responsibilities of response, and the management duties of the county tax office.
- Course
Master the science of enology and winemaking with our hybrid, self-paced program, including online courses and hands-on experiences.