English dictionary
accrual basis meaning and definition
Definition and meaning of accrual basis at MeaningMonkey.org. accrual basis meaning and definition in the English Dictionary.ACCRUAL BASIS noun
Definition of 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
- antonym: cash basis
Source: Princeton University Wordnet