Accrual Basis
nounverified·updated May 18, 2026
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
Framework senses
- §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
- §1 · legacy_primary
- a method of accounting in which each item is entered as it is earned or incurred regardless of when actual payments are received or madeDR-088 backfill from the noun definition column