How to pronounce “accrual basis” in English

Accrual basis accounting, what that means is we recognize revenue when earned and expenses when incurred, regardless of when cash is received or paid out.

Accrual basis accounting is where it gets just a little sticky.

So in accrual basis accounting, you can recognize revenue when it's earned, regardless of when cash is received.

really fall under an accrual basis of accounting.

There's something called cash basis accounting and accrual basis accounting.

Now, let me tell you what accrual basis accounting is, what it means.

There are two types of accounting that you have to understand: There's something called 'Cash basis accounting' and 'Accrual basis accounting.'