VT Cash Book is a free accountancy software program that is compatible with Windows 2000 or later and aimed mainly at professionals. With a supporting website that makes exploring its potential about ...

The word "disbursement" in accounting means to send out. A cash disbursement is a payment that might be made using currency but could be made in other forms of immediate payment, such as a check, ...

While generally accepted accounting principles require accrual accounting for external financial statements, many small businesses find that cash-basis accounting is both simple and fits their needs.

Accrual basis accounting is typically the preferred method, but cash basis accounting may work for very small businesses. Many, or all, of the products featured on this page are from our advertising ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Suzanne is a content marketer, writer, and ...

It's important to understand the basics of the two principal methods used to keep track of a business's income and expenses: cash method and accrual method (sometimes called cash basis and accrual ...

Opinions expressed by Entrepreneur contributors are their own. Should small businesses use cash or accrual accounting? This question gets asked almost as much as “paper or plastic?” and “debit or ...