FreeAgent's powerful and easy-to-use accounting software for UK businesses brings everything together – from invoices and expenses to Self Assessment tax returns, payroll and MTD-compatible VAT filing. Take a free trial today!
FreeAgent APIFreeAgent's powerful and easy-to-use accounting software for UK businesses brings everything together – from invoices and expenses to Self Assessment tax returns, payroll and MTD-compatible VAT filing. Take a free trial today!
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FreeAgent's powerful and easy-to-use accounting software for UK businesses brings everything together – from invoices and expenses to Self Assessment tax returns, payroll and MTD-compatible VAT filing. Take a free trial today!
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The rules around accrual and cash-based accounting vary by country, entity type, and business size. The US allows cash up to $31M in gross receipts. The UK now defaults to cash for sole traders. Germany requires accrual for most businesses. This post covers the regulatory differences across markets and what it means when you are building accounting integrations through APIs.
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