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The Benefit of Accrual: Getting a Clearer View of Profitability for Freelance Projects
October 11, 2025
Why Freelancers Should Understand Accrual Accounting
An explanation of why freelancers and self-employed individuals benefit from understanding and applying accrual accounting, even when tax laws allow for cash basis. Accrual provides a more accurate and consistent picture of true project profitability, enabling better financial planning and business decision-making.
Tags : Freelancer , Small Business , Profitability , Tracking