What is a accrual method?

Definition accrual method

How do we define: accrual method?

Accrual Method is a method of keeping accounts which shows expenses incurred and income earned for a given period, although such expenses and income may not have been actually paid or received.

Every new business owner must learn about incorporating their company. Learning how to incorporate your company is critical to starting up and protecting your future.


Corporate Glossary



Learn more about how we define accrual method