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PART 1: Using Accrual Accounting to See the Full Picture of Your Business

Accrual accounting gives you a true picture of your ecommerce business’s financial health, going beyond just cash flow. 

  • Understand the importance of accrual accounting: Learn why it gives a clearer picture of your business’s financial health than cash accounting. 
  • Connect your financial statements: See how your Profit & Loss (P&L), Balance Sheet, and Statement of Cash Flows work together to show the full story of your ecommerce business. 
  • Practical application in QuickBooks Online: Get hands-on tips for using accrual accounting in QBO to better track your finances. 
  • Empower your decision-making: Use your financial data to identify growth opportunities, spot challenges early, and make smarter business decisions every day. 

Watch Part 1 for a refresher/explainer on accrual accounting basics.

Then watch Part 2 & Part 3 to understand how to use your financials to see the full picture of your business.

Watch On Demand

Your Instructor:

Stephen Brown - COO and co-founder of LedgerGurus

Stephen Brown

Stephen is the COO and co-founder of LedgerGurus. He has an MBA, an engineering degree, and 2 decades of experience in various technology companies before LedgerGurus.

See the FULL Picture of Your Business Financials

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True Financial Picture

Understand how accrual accounting provides a clearer view of your business’s health.

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Integrated Statements

Learn how your P&L, Balance Sheet, and Cash Flow Statement work together.

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QuickBooks Tips

Get practical guidance on using accrual accounting in QuickBooks Online.

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