Starting a new business requires a lot of attention – from ensuring customer satisfaction to ensuring the highest quality in products or services. One area that needs even more focus is financial health.
The main difference between accrual and cash basis accounting is in the timing of when revenue and expenses are recognized. In this post we will also cover advantages and disadvantages of both methods.
MileIQ is suitable for organizations that need to track mileage for numerous employees, and it also is a good solution for business owners that need to track travel mileage for tax purposes.