Welcome to Lesson #10 in our 20 Years, 20 Lessons Playbook series. At Ledgers By Liisa LLC, we believe bookkeeping should feel Clear. Creative. Calm. One important step toward that calm is understanding how your business records income and expenses. That brings us to today’s question: Which financial story are you telling: cash basis or accrual basis? The method you use changes when revenue and expenses appear in your records. Neither method is automatically right for every b
