Look up: accrual-basis

1. accrual basis
   [n] - 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
   Found on http://www.webdictionary.co.uk/definitio
   
   
2. 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
   Found on http://wordnetweb.princeton.edu/perl/web
   
   
3. Accrual basis
   In the context of accounting, practice in which expenses and income are accounted for as they are earned or incurred, whether or not they have been received or paid. Antithesis of cash basis accounting.
   Found on http://www.duke.edu/~charvey/Classes/wpg
   
   
4. Accrual Basis
   - Method of ACCOUNTING that recognizes REVENUE when earned, rather than when collected. Expenses are recognized when incurred rather than when paid.
   Found on http://www.nysscpa.org/prof_library/guid
   
   
5. Accrual basis
   Accounting method in which income and expenses are accounted for as they are earned or incurred, although they may not have been received or paid yet. The alternative is cash-basis accounting, in which revenues and expenses are recognized only when cash is received or paid. Accrual-basis accounting is useful for painting a long-term portrait of a c...
   Found on http://www.encyclo.co.uk/visitor-contrib
   
   
6. accrual basis
   The accrual basis of accounting for revenue in each financial period means that income is recognized when it is due and not when it is received. Accrual of expenditure in each financial period means that costs are recognized when obligations arise or liabilities are incurred and not when payments are made....
   Found on http://www.oenb.at/dictionary/termini.js
   
   
7. accrual basis
   The basis of accounting under which transactions are recognized when they occur, regardless of the timing of related cash flows....
   Found on http://www.oenb.at/dictionary/termini.js
   
   
8. accruals basis
   Bei dem accrual principle wird der Periodenerfolg nicht durch die Gegenüberstellung von Zahlungen, sondern von periodisierten Erträgen und Aufwendungen ermittelt. Das accrual principle untergliedert sich in das realization principle, welches den Zeitpunkt regelt, zu dem ein Ertrag in der Gewinn- u...
   Found on http://www.oenb.at/dictionary/termini.js