What does Accrual Accounting mean?
An accounting method where revenues and expenses are recorded when they are incurred, regardless of when cash is exchanged.
Accrual accounting provides a more accurate picture of a company's financial health than cash accounting.
Accrual Accounting in German, French, Spanish and Italian
GermanPeriodenabgrenzung
also antizipative Rechnungslegung
Grundlage der doppelten Buchführung; Erträge und Aufwendungen werden periodengerecht zugeordnet.
FrenchComptabilité d'engagement
Comptabilisation des produits et charges dès leur engagement.
SpanishContabilidad de devengo
also contabilidad de acumulación
Registra las transacciones cuando ocurren, no cuando se paga el efectivo.
ItalianContabilità per competenza
I ricavi e i costi sono imputati all'esercizio di competenza economica.
Common phrases with Accrual Accounting
- apply accrual accounting
- use accrual accounting
- switch to accrual accounting
Synonyms and opposites for Accrual Accounting
- Synonym Accrual Basis
- Opposite Cash Accounting