Cash vs Accrual Accounting

Videos
January 17, 2026•1 min read

Cash and accrual accounting tell different stories, and mixing them often causes confusion. In this video, I explain the difference between cash and accrual accounting, including:

  • When income and expenses are recognised

  • Why reports don’t always match the bank balance

  • Common GST issues when cash and accrual methods are mixed

This video is useful for business owners who want to understand the difference between cash and accrual accounting.

financial reporting
Precision Compliance Solutions delivers precision you can count on - providing meticulous bookkeeping, BAS, and payroll compliance backed by clear, plain-English reporting. Our goal is to give business owners clarity, compliance, and confidence in managing their business

Precision Compliance Solutions

Precision Compliance Solutions delivers precision you can count on - providing meticulous bookkeeping, BAS, and payroll compliance backed by clear, plain-English reporting. Our goal is to give business owners clarity, compliance, and confidence in managing their business

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