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Cash, Accruals, Prepayments, Accrued Expenses & Income, Income Received in Advance, Prepaid Income AAAGH!!

Cash, Accruals, Prepayments, Accrued Expenses & Income, Income Received in Advance, Prepaid Income AAAGH!!

by Cecil Benjamin | Aug 8, 2018 | Financial Management, MEA Payments

What does it all mean? When do I use which one?  All this “Accounting-ese” words can confuse. However, these words are especially important at year end; a time that is already busy, confusing and stretching in many ways! Hopefully the following notes will simplify and...

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