Welcome back, Jordan

Which one should I pick?

Cash basis: you record income when money hits your bank, and expenses when money leaves. Simple, easy to understand. Best for freelancers, sole proprietors, and small businesses under $25M revenue.

Accrual basis: you record income when invoiced, and expenses when billed, regardless of when money actually moves. Required for larger businesses and gives a more accurate picture of profitability.

Not sure? Most small businesses start with Cash. You can change this later in Settings.