Search Result for "accrual basis":
Wordnet 3.0

NOUN (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;


WordNet (r) 3.0 (2006):

accrual basis n 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 [ant: cash basis]