What does Cash Basis Accounting mean?
An accounting method in which revenue is recorded when cash is received and expenses are recorded when cash is paid.
Small businesses often use cash basis accounting because of its simplicity.
Cash Basis Accounting in German, French, Spanish and Italian
GermanEinnahmen-Überschuss-Rechnung
also Ist-Besteuerung
Gewinnermittlung durch Gegenüberstellung von Einnahmen und Ausgaben.
FrenchComptabilité de caisse
Méthode enregistrant les flux uniquement lors des encaissements ou décaissements.
SpanishContabilidad de base de efectivo
also Principio de caja
Sistema que reconoce ingresos y gastos solo cuando el dinero cambia de manos.
ItalianContabilità per cassa
also Principio di cassa
Metodo che rileva i fatti di gestione solo al momento dell'entrata o uscita monetaria.
Synonyms and opposites for Cash Basis Accounting
- Synonym Cash-flow accounting
- Opposite Accrual basis accounting