accrual basis

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noun

a method of recording income and expenses in which each item is reported as earned or incurred without regard to when actual payments are received or made.

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Compare cash basis.

Origin of accrual basis

First recorded in 1930–35

Words nearby accrual basis

accretive, Accrington, accroach, accroides gum, accrual, accrual basis, accrue, accrued, accrued dividend, accrued expense, accrued income

How to use accrual basis in a sentence

If Congress accurately reflected our nation on the basis of race, about 63 percent would be white, not 80 percent.
The Unbearable Whiteness of Congress|Dean Obeidallah|January 8, 2015|DAILY BEAST
We see the Southern segregationists who threatened his life and that of his family on an almost daily basis.
Dr. King Goes to Hollywood: The Flawed History of ‘Selma’|Gary May|January 2, 2015|DAILY BEAST
Yet the email references the 1970s, “when police officers were ambushed and executed on a regular basis.”
We Need Our Police to Be Better Than This|Nick Gillespie|December 31, 2014|DAILY BEAST
Removing choice is bullying and seems a horrid basis on which to anchor your relationship.
Public Marriage Proposals Must Die|Tauriq Moosa|December 28, 2014|DAILY BEAST

So, I can deal with them on a daily basis, I know how it affects my body.
Tim Howard’s Wall of Intensity|William O’Connor|December 22, 2014|DAILY BEAST
The m relates it to the nares or humming tone (which is the basis of all resonance in the voice).
Expressive Voice Culture|Jessie Eldridge Southwick
A resolute push for quite a short period now might reconstruct the entire basis of our collective human life.
The Salvaging Of Civilisation|H. G. (Herbert George) Wells
At the present time, certainly, no thought has ever occurred to Germans that they would not go back to a gold basis.
Readings in Money and Banking|Chester Arthur Phillips
But here in this little valley of the Kaw, he was cheered to see his race on a practical and sensible basis.
The Homesteader|Oscar Micheaux
The relative quantity of labor embodied in each object is the basis of its value.
The Unsolved Riddle of Social Justice|Stephen Leacock