cash basis

American  

noun

1. a method of recording income and expenses in which each item is entered as received or paid.

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Example Sentences

“I have been exploring, asking my local son’s doctor, like, what would it be if we just come in on a cash basis?” she said.

From Salon

Because big banks and credit card companies have shunned the industry, it largely operates on a cash basis.

From Seattle Times

It added that the deal is minimally dilutive to its earnings per share and is not expected to be dilutive on a cash basis.

From Reuters

She said she could not because the firm operates on a cash basis, recording money when it comes in rather than when it is earned.

From Washington Post

On a cash basis, the trade was neutral.

From Washington Times