cash basis(redirected from Cash basis accounting)
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Related to Cash basis accounting: Accrual basis accounting
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|Noun||1.||cash basis - a method of accounting in which each item is entered as payments are received or made|
accounting system, method of accounting, accounting - a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts
accrual basis - a method of accounting in which each item is entered as it is earned or incurred regardless of when actual payments are received or made