How do accountants treat the timing of cash flow transaction

Solution

Accounting and finance both deals with managing the money in organizations. Accounting ia considered aa part of finance and finance has larger scope than accounting.

Cash is rrecorded in accounting on accrual basis, that means any cash inflow in business is recognized as income when it is accrued not the time when it is recieved and and all cash outflows are recognized when they incurred not when they actually been paid.
In finance we adopt apposite theory than this, as we considered payments and receipts when they actually paid and recieved.

We can say that accountants acknowledge cash transactions when they are highly probable to accur, for example sales contract has been made, salary to employees, installment of loan etc. But finance consider cash flow at timing of physical receipts and payment of cash.