The Top 10 Important Finance Mistakes First Time Founders Make
SaaStr
JANUARY 24, 2022
Let’s say you receive a contract from a customer that outlines they will pay you $100 for the monthly subscription with an invoice of terms Net 30. Accrual accounting means you send the invoice for $100 to your customer in January, but will not receive the money until February. With a rental engagement, the burden falls on you.
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