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accrual

   Also found in: Medical, Legal, Financial, Wikipedia 0.01 sec.
ac·cru·al  (-krl)
n.
1. The act or process of accumulating; an increase.
2. Something that accumulates or increases.

accrual [əˈkruːəl]
n
1. the act of accruing
2. something that has accrued
3. (Economics, Accounting & Finance / Accounting & Book-keeping) Accounting a charge incurred in one accounting period that has not been paid by the end of it
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.accrual - the act of accumulatingaccrual - the act of accumulating              
step-up, increase - the act of increasing something; "he gave me an increase in salary"
buildup - the act of building up an accumulation; "I envied his rapid buildup of assets"; "a military buildup in preparation for the invasion"
Translations
accrual [əˈkrʊəl] N (frm) → acumulación f
accrual [əˈkruːəl] n (= accumulation) → accumulation f accrual rate
accrual rate ntaux m cumulé
accrual
n
(= accumulation)Ansammlung f; (Fin: of interest) → Auflaufen nt; (= addition)Hinzukommen nt
accruals pl (Fin: = liabilities) → Verbindlichkeiten pl


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One startup decision that seems to cause entrepreneurs unnecessary consternation is selecting the right accounting method -- cash basis or accrual basis The primary purpose of the accounting method you choose is to calculate your business''s taxable income for federal (and state) income tax purposes One startup decision that seems to cause entrepreneurs unnecessary consternation is selecting the right accounting method -- cash basis or accrual basis.
In 1984, the IRS announced that it would not request tax accrual workpapers from taxpayers during an examination except in unusual circumstances (referred to as the "policy of restraint") (Announcement 84-46).
Revenue on the accrual basis is recognized when earned, while under the cash basis it is recognized when collected.
 
 
 
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