Examples of 'accrual basis' in a sentence
Meaning of "accrual basis"
Accrual basis: An accounting method that recognizes revenues when they are earned and expenses when they are incurred, regardless of when the cash transactions occur. This method aims to provide a more accurate depiction of a company's financial position and performance
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- A method of accounting that tracks income and expenditure when they become due, rather than when they actually occur.
How to use "accrual basis" in a sentence
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accrual basis
When the accrual basis is cost effective.
All income is accounted for on an accrual basis.
Additional accrual basis information to be presented.
Interest income is recorded on the accrual basis.
Accrual basis with some elements on cash basis.
This is the essence of accrual basis accounting.
Financial transactions are recorded in the accounts on an accrual basis.
Report these figures on an accrual basis or note otherwise.
Employee future benefits are recorded on an accrual basis.
Most companies use the accrual basis of accounting.
Miscellaneous income should be recorded on an accrual basis.
Difference between expenses on accrual basis and on budgetary basis.
Financial statements must be prepared on an accrual basis.
Accrual basis of accounting.
Preparation of programme and budgets on accrual basis.
See also
The amount is expensed on an accrual basis in the current financial year.
Investment income is recognized on the accrual basis.
Transactions are recorded on a full accrual basis when goods or services are received.
Income from other investments is recorded on an accrual basis.
Expenditure is recorded on the accrual basis in the period in which it is incurred.
Task force on the recording of interest on an accrual basis.
Full accrual basis.
These methods follow the accrual basis.
A new rule was added on accrual basis of accounting and its permitted modification.
Financial statements are prepared on the accrual basis of accounting.
The accrual basis was used by most organizations for recognizing income and expenditure.
These figures are reflected on an accrual basis of accounting.
The petroleum options premiums were accounted for in the income statement on an accrual basis.
Financial reports prepared on an accrual basis allow users to.
The financial expenses are shown as a charge to comprehensive incomes on an accrual basis.
It is largely presented on an accrual basis of accounting.
Encourage member organizations to account for contributions on an accrual basis.
Voluntary contributions recorded on the accrual basis under certain conditions.
The consolidated financial statements have been prepared on an accrual basis.
Contributions accounted for on accrual basis in the same fiscal year by both parties.
All revenue is recognized on an accrual basis.
Interest income is recognized on an accrual basis using the effective interest rate method.
Current service costs are charged to expenditure on an accrual basis.
Interest expense is recognized on an accrual basis using the effective interest rate method.
Compensation of employees is recorded on an accrual basis.
Fees and commissions are recognised on an accrual basis when the service has been provided.
Introduce measures to put budget reporting on an accrual basis.
All other revenue is recognized on an accrual basis in the period the transaction occurred.
Interest income is recorded on an accrual basis.
But when you look at the Accrual basis it actually reflected what happened.
Our accounting must be on an accrual basis.
Accrual Basis The statement of operations has been prepared using the accrual basis of accounting.
Expenditures are recorded using the accrual basis of accounting.
Accrual basis Periodiseret.
These costs are recorded on an accrual basis.
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Examples of using Accrual
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Accrual of annual leave during sick leave
This is the essence of accrual basis accounting
Accrual of other entitlements during sick leave
Examples of using Basis
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Nature provides the basis of our existence
Basis in international law and domestic law
Provide a clean basis to place the shade on
