What is the cash vs accrual?

Описание: 📌 Cash vs. Accrual: The Difference That Can Make or Break Your Funding

😟 The Problem

Too many businesses + nonprofits submit financial statements that don’t match reality — especially when applying for loans or going through audits.

💡 Cash vs. Accrual (Quick Breakdown)

💰 Cash Accounting = Record money when it hits or leaves the bank.
📘 Accrual Accounting = Record revenue when earned + expenses when incurred.
➡️ Accrual gives lenders and auditors the full story.

Nonprofits: Not recording grant receivables is one of the top reasons financials look incomplete during funding reviews.

⚠️ The Risk

Using the wrong method can lead to:
• ❌ Incorrect revenue
• ❌ Misleading expenses
• ❌ Loan delays or denials
• ❌ Audit findings

🌟 The Win

When done right, your statements become:
• ✔️ Lender-ready
• ✔️ Audit-ready
• ✔️ A true picture of financial health

👉 CTA Not sure which method you’re using?

Let’s get your books funding-ready.
📅 Book your Insight Accounting Session

Clear Books. Real Understanding.
Helping six-figure businesses & nonprofits finally make sense of their numbers.

Insight Hub Small Business & Nonprofit Bookclub: starts January 13th
https://www.eventbrite.com/e/19743872...

🌐 Learn more: https://insightfinancialindy.com/


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