We provide our clients with a modified form of cash basis bookkeeping. With this system, we record transactions as soon as the money has been deposited into your bank or charged to your bank/credit card.
We can complete accrual adjustments like tracking accounts receivable and/or accounts payable, unearned revenue tracking, and more with our specialized accounting add-on. If we are recording accrual adjustments for you, revenues and expenses are recorded when they’re earned throughout the year, regardless of when the money is actually received or paid. At year end, we remove these accrual elements to ensure your bookkeeping is adjusted back to modified cash basis.
If you’re unsure if cash basis bookkeeping will work for your business, talk to us! We’d be happy to understand the needs of your business and determine if WhatsappCA.in is a good fit for you.