HyperDic: cash_basis

English > 1 sense of the expression cash basis:
NOUNpossessioncash basisa method of accounting in which each item is entered as payments are received or made
English > cash basis: 1 sense > noun 1, possession
MeaningA method of accounting in which each item is entered as payments are received or made.
Broaderaccounting, accounting system, method of accountingA bookkeeper's chronological list of related debits and credits of a business
Oppositeaccrual basisA method of accounting in which each item is entered as it is earned or incurred regardless of when actual payments are received or made
Spanishcriterio de caja

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