Cash vs. accrual —
a freelancer paid
30 days after
invoicing. Why the
choice changes what
a month's books say.

Explain the Difference Between Cash and Accrual Accounting

The choice that changes what your numbers actually mean.

Prompt

Explain cash versus accrual accounting using a small business example — a freelancer who gets paid 30 days after invoicing — and why the choice changes what your books say about a given month.