Understanding the meaning of accrual basis - BoostVocab

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accrual basis

/ə'kruəl_'beɪsɪs/

Synonyms of accrual basis Antonyms of accrual basis Examples of accrual basis Usage of accrual basis Parts of accrual basis Definition that contains accrual basis Words sounding like accrual basis Explanation of accrual basis

noun
a method of accounting in which each item is entered as it is earned or incurred regardless of when actual payments are received or made
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Opposite:

cash basis

type of:
accounting accounting system method of accounting

Explanation of accrual basis

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