Definition:
Modified Cash Basis is a blend of cash and accrual accounting. You’re mostly recording income and expenses when cash moves (like cash basis), but you selectively apply accrual rules only for certain accounts (like recording fixed assets and depreciation).
At Shelor Group, we’re not just consultants; we are your strategic partners in streamlining operations and amplifying growth. From meticulous bookkeeping to seamless HR solutions, we bring clarity and efficiency to your business.

Bookkeeping Brilliance: Accurate, timely, and insightful financial records.

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HR Automation: Streamlined processes for hiring, onboarding, and compliance.
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From meticulous bookkeeping to seamless HR solutions, we bring clarity and efficiency to your business.