accrual basis

1. 1.

   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

   Antonymscash basis

   Broaderaccounting

Questions about accrual basis

What does accrual basis mean?

accrual basis means "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".

What is the opposite of accrual basis?

The recorded antonyms are cash basis.

Is accrual basis a common word?

accrual basis is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.