Cash vs. Accrual Accounting | Help Desk | Yakezie Forums

Post edited 4:20 pm – December 3, 2012 by michael @ financial ramblings

Cash. My anal side convinced me to attempt accrual at one point in the past, but it gets to be a real headache. And there was no real benefit to accrual — at least for me.

I would think cash.  Unless you expect to have lots of receivables or payables related to your blog, I don't think it would make much difference and would be easier to track.

I chose cash.  I hated doing accruals at my last job.  And as Lena said if you don't have receivables or payables then it isn't as beneficial I would think.

I use the cash method as well. Accrual is a pain and it doesn't really provide a benefit for my business.

Sweet. Thanks everybody. I was leaning toward cash. I would think that with affiliate thresholds accrual would be a pain. Besides most things are done on a cash basis anyway.

Thanks a lot for the input!!!

Eric – NarrowBridge.net said:

Another late vote for cash. Accrual accounting does not make sense unless you are making a ton of money and shifting the revenue would make a big impact on your taxes.

This exactly. Unless you're making a lot and occasionally on the cusp of a new marginal bracket, then cash works best for a business w/o inventory. Interesting to see everyone on the same system.