Accrual Basis
Meaning in Nepali: अभिवृद्धि आधार
Pronunciation: (अक्रूअल बेस)
Part of Speech: noun
Nearby Words:
- Accrue (verb): बढ्नु, जम्मा हुनु
- Accounting (noun): लेखापरीक्षण, लेखापरीक्षण गर्ने कार्य
- Asset (noun): सम्पत्ति, धनी
- Liability (noun): दायित्व, देयता
- Revenue (noun): आय, राजस्व
Synonyms:
- Accrual accounting
- Accrual method
- Accrual system
- Accrual-based accounting
- Accrual-based method
Antonyms:
No direct antonyms found in Nepali.
To find more information about “accrual basis,” you can visit the following websites:
The accrual basis is a fundamental accounting method used to record financial transactions. It recognizes revenue when earned and expenses when incurred, regardless of when the cash is received or paid. In Nepali, it is known as “अभिवृद्धि आधार.” This method provides a more accurate representation of a company’s financial position and performance over a specific period. It allows businesses to match revenues with related expenses, providing a clearer picture of profitability. Accrual accounting is widely used in various industries and is essential for financial reporting and analysis. By following the accrual basis, businesses can make informed decisions based on their actual financial activities rather than cash flow alone.