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cash basis

a method of recording income and expenses in which each item is entered as received or paid.
Compare accrual basis. Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2018.
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Examples from the Web for cash basis
Historical Examples
  • Now it was hard to realize that business must be brought to a cash basis.

  • I usually preferred to do business with them on a cash basis.

  • It had not occurred to him that elopements must be carried out on a cash basis.

    The Jungle Girl

    Gordon Casserly
  • These continue to look after themselves and, for the most part, they are on a cash basis.

    Fighting France Stephane Lauzanne
  • We always insisted on carrying out every such little operation on a cash basis and they never failed us.

    One Way Out William Carleton
  • She showed much disappointment when Marsden declined to trade except upon a cash basis.

    Flint Maud Wilder Goodwin
  • On Tuesday, September 18, the debris-hunting and street-cleaning work was put upon a cash basis, the wages being $1.50.

  • By its use, ninety per cent of our business can be transacted on a cash basis, without using one cent of actual cash.

    Solaris Farm

    Milan C. Edson
  • All these figures which I give you indicate our trade prices, which are less subject to change than when arranged on a cash basis.

  • The ability to force patrons to pay cash is a business asset, and should give us the benefits of a cash basis.

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