Usually means: Recording income when earned, expenses when incurred.
Definitions Related words Mentions
We found 15 dictionaries that define the word accrual basis:

General (10 matching dictionaries)
  1. accrual basis: Vocabulary.com
  2. accrual basis: Infoplease Dictionary
  3. accrual basis: Dictionary.com
  4. Accrual basis: Wikipedia, the Free Encyclopedia
  5. accrual basis: Rhymezone
  6. accrual basis: FreeDictionary.org
  7. accrual basis: Mnemonic Dictionary
  8. accrual basis: TheFreeDictionary.com
  9. accrual basis: Longman Dictionary of Contemporary English
  10. accrual basis: Wiktionary

Business (5 matching dictionaries)
  1. accrual basis: Merriam-Webster Legal Dictionary
  2. MoneyGlossary.com (No longer online)
  3. Glossary of Legal Terms (No longer online)
  4. Accrual Basis: Legal dictionary
  5. Accrual basis: Financial dictionary

Definitions from Wiktionary (accrual basis)

noun:  (finance, accounting, often attributive) A method of accounting that tracks income and expenditure when they become due, rather than when they actually occur.

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