follow Dictionary.com

How do you spell Hannukah?

accrual basis

noun
1.
a method of recording income and expenses in which each item is reported as earned or incurred without regard to when actual payments are received or made.
Compare cash basis.
Origin
1930-1935
1930-35
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source

Word of the Day

Difficulty index for accrual basis

Few English speakers likely know this word

Word Value for accrual

11
15
Scrabble Words With Friends