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Do you know how to accurately report your business's financial performance? In accounting, the term “Accruals” are amounts of money that have been earned or spent, but not yet paid. Accounting for accruals can help you avoid cash flow problems and ensure your business's financial sustainability. Don't risk poor decision-making by neglecting to account for accruals. Understanding how to account for accruals can help you accurately report your business’s financial performance and make informed decisions on cash flow management. This can help you avoid cash flow problems and ensure your business’s financial sustainability. Failing to account for accruals can result in an inaccurate representation of your business’s financial performance, which can lead to poor decision-making on cash flow management. This could result in cash flow problems and potentially harm your business’s sustainability. We hope you’ve found clarifying what this accounting term means useful. At One Click Accountant, we believe that everyone should have access to affordable, clear, high-quality accounting and business advice. We want to make dealing with a reliable accountant as easy as one click. Why us? At One Click Accountant, we’re different from most other accountancy firms. We don’t just care about the numbers. We care about you. Would you like some free accounting tips? Get your free copy of our guide "16 Essential accounting tips for small businesses" by typing “Yes” in the comment section. #smallbusinesssupport #smallbusinessaccountant #accountants #businessaccounting #bookkeepingservices #bookkeeping #accountingtips

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