1.0Clubtreasurer Communityhttps://clubtreasurer.com/blogAdminhttps://clubtreasurer.com/blog/participant/jim_blog/rich600338<blockquote class="wp-embedded-content" data-secret="4q0vxb6lwb"><a href="https://clubtreasurer.com/blog/advanced-accounting-accruals-and-prepayments/">Accruals and Prepayments</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://clubtreasurer.com/blog/advanced-accounting-accruals-and-prepayments/embed/#?secret=4q0vxb6lwb" width="600" height="338" title="“Accruals and Prepayments” — Clubtreasurer Community" data-secret="4q0vxb6lwb" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script> /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); //# sourceURL=https://clubtreasurer.com/blog/wp-includes/js/wp-embed.min.js </script> Cash Accounting vs. Accruals Accounting Clubtreasurer uses a modified cash accounting system by default, which suits the needs of most small clubs and community organisations. What is Cash Accounting? With cash accounting, you only record income or expenses when money is actually received or paid out. For most clubs, simply using Receipts and Payments to… Read More »https://clubtreasurer.com/blog/wp-content/uploads/2017/09/expand.png2524