accrual

English - Turkish

Definition of accrual in English Turkish dictionary: {i} artış miktarı; {i} çoğalma; büyüme; artış; Tahakkuk; artış miktar
accrual principle: Tahakkuk esasına dayanan muhasebe
accrual rate: tahakkuk oranı
accrual basis: (Askeri) OLUŞUM TEMELİ (ÇIKIŞI) /TAHAKKUK ESASI
tax accrual: Verginin ödenmesi gerekli aşamaya gelmesi, verginin tahakkuk etmesi

English - English

Definition of accrual in English English dictionary: An increase; something that accumulates, especially an amount of money that periodically accumulates for a specific purpose; a charge incurred in one accounting period that has not been paid by the end of it; An obligation for goods/services that have been received by September 30 but not paid; The apportionment of premiums and discounts on forward exchange transactions that relate directly to deposit swap (Interest Arbitrage) deals , over the period of each deal; An estimate of cost that has been incurred but not yet paid by the Agency An accrual is calculated for a specific agreement It helps provide current information on the financial status of an activity and program; the act of accumulating; The total amount of child support payments that you owe or that are late; A monetary amount or number of hours that employees can accumulate over time Accruals can be compounded by employees and used at a later date Vacation leave and sick time are accruals; In developing a conceptual framework for accounting and financial reporting, accrual recognizes transactions and events when the activity occur regardless of when the cash changes hands As long as something is estimable and probable it is recognized Estimating how much pension a person is due from working one year even though the person might not receive the pension for many years is an example of accrual; - The amount of money that is set aside to cover expenses The accrual is the plan's best estimate of what those expenses will be and (for medical expenses) is based on a combination of data from authorization system, the claims system, lag studies, and the plans prior history; The process of enrolling patients in a clinical research study (trial), or the number of patients already enrolled in a trial or anticipated to enroll in a trial; Income is reported in the year it is earned, and expenses are deducted in the year they are incurred; An acquisition of archival material which belongs to a group of archival records that are already in the custody of the repository; The recognition of revenue when earned or expenses when incurred regardless of when cash is received or disbursed; The accounting basis that brings items to account as they are earned or incurred (and not as cash received or paid) and includes them in financial statements in the related accounting period; An entry which records an expense at year end where the expense has been incurred by the fiscal year end, but the disbursement of cash has not occurred Generally is used with wages and purchases to insure a charge is entered in the year in which it was incurred; An accounting convention by which payments and receipts are recorded as they occur, even if no cash flow takes place; The process of getting patients into a trial, or the number of patients in a trial or planned to be in a trial For example, "Projected accrual 14" means they are planning to treat 14 patients in the trial "Accrual completed" means they've got all the patients they planned for the trial The trial is probably closed to new patients; An acquisition additional to a unit of description fonds already held by a repository See also Open fonds [ISAD(G)]; The amount of money that is set aside to cover expenses The accrual is the plan's best estimate of what those expenses are and (for medical expenses) is based on a combination of data from the authorization system, the claims system, the lag studies, and the plan's prior history; Recognition of revenue and costs as they are earned or incurred (and not as money is received or paid) It includes recognition of transactions relating to assets and liabilities as they occur irrespective of the actual receipts or payments; When there is a difference between what is allocated per pay cycle versus what is expensed, an accrual occurs This term of accrual is somewhat misnamed and would be better understood if it were termed 'allocation adjustment' An accrual is a flow of dollars from an operating account, typically to a reserve account An accrual occurs when there is a difference between what is planned and what has actually happened; In finance, the accrual of something such as interest or investments is the adding together of interest or different investments over a period of time. = accumulation; Accrument; {i} compilation, accumulation, collection
accrual bond: a fixed-interest bond that is issued at its face value and repaid at the end of the maturity period together with the accrued interestWall Street Words: An A to Z Guide to Investment Terms for Today's Investor (by David L. Scott, 2003 Houghton Mifflin Company) at
accrual accounting convention: (Pazarlama) An accounting system that tries to match the recognition of revenues earned with the expenses incurred in generating those revenues. It ignores the timing of the cash flows associated with revenues and expenses
accrual principle: Fundamental accounting concept which recognizes the time lag between sales and purchases on one hand, and collection and payment of cash on the other. It forms an important part of the GAAP, and permits meaningful comparisons based on the actual operations of the business undisturbed by the timing of payments. Under this principle, sales and expenses are taken account of in the accounting period in which they occur (and are included in the income statement for that period), whether or not cash was received or paid out. Also called accrual concept
accrual accounting: Recognizing revenues and expenditures as they occur, rather than when actual payment is received or made (as in the cash accounting method)
accrual accounting: Accrual basis of accounting is based upon generally accepted accounting principles It recognizes income when it is earned and not when it is received and recognizes expenses when the are owed and not when they are paid Accrual basis of accounting includes accounts receivable, accounts payable, and inventory
accrual accounting: A method of bookkeeping in which income and expenses are allocated to periods to which they apply, regardless of when actually received or paid For example, when an invoice is rendered, its value is added to income immediately, even though it has not been paid (Also see CASH ACCOUNTING)
accrual accounting: Found under basis of accounting
accrual accounting: A method of reporting income when earned and expense when incurred -- as opposed to reporting income when received and expenses when paid (which would be "cash basis accounting") See also: cash basis accounting
accrual accounting: A basis of accounting in which revenues are recognized in the period in which they are earned and become measurable, and expenses are recognized in the period incurred instead of when cash is actually received or spent For example, in accrual accounting, revenue that was earned between April 1 and June 30, but for which payment was not received until July 10, is recorded as being received on June 30 rather than July 10
accrual accounting: a method of bookkeeping in which income and expenses are allocated to periods to which they apply, regardless of when they are actually received or paid For example, when an invoice is rendered, its value is added to income immediately, even though it has not been paid
accrual accounting: The method of recognizing income when it is earned rather than when the related cash is received and paid
accrual accounting: System of accounting where items are brought to account and included in the financial statements as they are earned or incurred, rather than as they are received or paid
accrual accounting: The accounting approach by which revenues, expenses, assets and liabilities are recognised at the time they arise or are incurred, rather than as cash is received or disbursed
accrual accounting: The most common form of accounting which recognizes income and expenses when actually incurred, as opposed to cash accounting that recognizes income and expenses when paid for
accrual accounting: The process of recording an expense when it occurs, rather than when it is paid
accrual accounting: Recognition in financial accounts of the implications of transactions (or decisions giving rise to transactions) when they occur irrespective of when cash is paid or received
accrual accounting: Recording income as accounts receivable when earned and recording debts as accounts payable when they are incurred Also called accrual basis accounting
accrual accounting: A basis of accounting in which revenues are recognized in the period in which they are earned and become measurable, and expenses are recognized in the period incurred instead of when cash is actually received or spent For example, in accrual accounting, revenue that was earned between April 1 and June 30, but for which payment was not received until July 10, is recorded as being received on June 30 rather than July 10 San Benito County uses the accrual basis of accounting
accrual accounting: An accounting method which treats as income (for tax purposes in any tax year) revenues to which the taxpayer has become entitled because all events necessary to determine the amount of, and right to, that income has occurred in that year, even though the taxpayer has not actually received those revenues Expenses must be similarly treated, as expenses for tax purposes in the tax year in which all events have occurred fixing the amount and liability for those expenses, even though not actually paid Taxpayers cannot simply choose from year to year whether they will use the accrual or cash-basis method Topic areas: Fundraising and Financial Sustainability
accrual accounting: is the basis in which revenues are assigned to the accounting period in which earned regardless of whether or not received in cash and expenses incurred in earning the revenues are deducted from the revenues regardless of whether or not cash has been disbursed in their payment
accrual accounting: An accounting method you use to recognize revenue when you create invoices
accrual accounting: Accrual accounting systems recognize transactions or events at the time economic value is created, transformed, exchanged, transferred, or extinguished, and all economic flows (not just cash) are recorded
accrual accounting: Financial transactions are recognised when the liability or obligation is created In accrual accounting the expense is recognised when the goods are received Compare with cash accounting below
accrual accounting: A basis of accounting in which revenues are recognized in the accounting period in which they are earned, and expenditures are recognized in the period in which they are incurred
accrual accounting: A system of accounting in which expenses are recognized when incurred, and revenues are recognized when they are known, regardless of the time when actual payment of cash is made or received
accrual accounting: A method of reporting income when earned and expenses when incurred, as opposed to reporting income when received and expenses when paid
accrual accounting: Accounting method that matches expenses and income in the period that they are actually paid or collected
accrual basis: In the context of accounting, practice in which expenses and income are accounted for as if they are earned or incurred, whether or not they have been received or paid Antithesis of cash basis accounting
accrual basis: The accounting basis whereby items are brought to account as they are earned or incurred (and not as cash received or paid) and included in the financial statements for the periods to which they relate
accrual basis: The method of accounting whereby revenues and expenses are identified with specific periods of time, such as a month or year, without regard to the date of receipt or payment of cash
accrual basis: Gross income is recognized when earned
accrual basis: The basis of accounting under which revenues are recorded when earned or when levies are made, and expenditures are recorded as soon as they result in liabilities, regardless of when the revenue is actually received or the payment is actually made
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
accrual basis: Method of ACCOUNTING that recognizes REVENUE when earned, rather than when collected Expenses are recognized when incurred rather than when paid
accrual basis: This is a method of calculation that dictates the inclusion of earned interest or dividends whether they were received or not
accrual basis: That system of accounting in which income is recognized when it is
accrual basis: the basis of accounting under which transactions are recognized when they occur, regardless of the timing of related cash flows
accrual basis: A basis of accounting in which transactions are recognized at the time they are incurred, as opposed to when cash is received or spent
accrual basis: A method of keeping accounts that shows expenses incurred and income earned for a given fiscal period, even though such expenses and income have not been actually paid or received in cash
accrual basis: In preparation of financial statements, recognizes revenue at the time of sale and recognizes expenses when they are incurred (Chapter 1)
accrual basis: Accounting method in which income and expenses are accounted for as they are earned or incurred, although they may not have been received or paid yet The alternative is cash-basis accounting, in which revenues and expenses are recognized only when cash is received or paid Accrual-basis accounting is useful for painting a long-term portrait of a company BACK TO TOP
accrual basis: Method of ACCOUNTING that recognizes REVENUE when earned, rather than when collected Expenses are recognized when incurred rather than when paid The basis of accounting that requires that revenue is recorded when earned, no matter when cash is received, and that expenses are recorded when incurred, no matter when cash is paid
accrual basis: The practice of record keeping by which income is recorded when earned and expenses are recorded when incurred, even though the cash may not be received or paid out until later The other common basis of business accounting is known as the cash basis
accrual basis: The basis of accounting under which transactions are recognized when they occur, regardless of the timing of related cash flows [EPA]
accrual basis: Recording income as accounts receivable when earned and recording debts as accounts payable when they are incurred Also called accrual basis accounting
accrual basis: In accounting, a system of allocating revenue and expense items on the basis of when the revenue is earned or the expense incurred, not on the basis of when the cash is received or paid out
accrual basis: An accounting system in which income is reported when it is invoiced and expense are recorded when they are incurred
accrual basis: The method of accounting which calls for recognizing revenue/gains and expenses/losses in the accounting period in which the transactions occur regardless of the timing of the related cash flow Contrast with Cash Basis
accrual basis: A method of accounting where income and expenses are recognized as they are incurred or earned Cash may or may not have been received or paid
accrual basis: The accounting basis used by almost all companies, which recognizes revenues and expenses in the period in which they are earned or incurred and not necessarily in the period in which the cash inflow or outflow occurs
accrual basis: an accounting process that recognizes transactions on financial statements when revenues and expenses occur, rather than when cash changes hands
accruals: Expenses incurred but not yet paid in an accounting period They must be shown on the balance sheet as money owing by organisations which do not qualify for small organisations exemptions from accounting regulations Assets
accruals: Liabilities for services received for which payment has yet to be made (Chapter 15)
accruals: A way to account for money earned but not yet paid or received Thus, if a bond pays interest annually at the year end, half of that interest may be accrued in accounts on June 30
accruals: Any hours that employees accumulate for use at another time in the form of earned vacation, personal time, or sick leave, for example
accruals: Expenses incurred and revenue earned in the current accounting period but not recorded as of the end of the period
accruals: Continually recurring short-term liabilities Examples are accrued wages, accrued taxes and accrued interest
accruals: The beginning accrual balance to be used on the next scheduled statement (with accrual option on financial statement only) for the respective frequency code One accrual balance for each frequency code
accruals: The purpose of this concept is to make sure that all revenues and costs are recorded in the appropriate statement at the appropriate time So, when a profit statement is compiled, the cost of goods sold relevant to those sales should be recorded accurately and in full in that statement Costs concerning a future period must be carried forward as a prepayment for that period and not charged in the current profit statement
accruals: Recurring continuous short-term liabilities Examples of accruals are accrued wages and accrued interest
accruals: Entries made at the end of an accounting period which are due entirely to the use of the accrual basis of accounting; i e , to record expenses incurred but not paid (Source: FHA Handbook 4370 4 REV-1, Appendix 2)
accruals: accounts on a balance sheet representing liabilities and assets that are non cash used in accrual-based accounting; recognition of income and expenses that take place elthough they are not received or paid for until a later period
accruals: plural of accrual
accruals: Any hours of earned paid time off that employees accumulates - in the form of earned vacation time, personal time or sick time
accruals: Continually recurring short-term liabilities, especially accrued wages and accrued taxes
accruals: 1 One of the fundamental accounting concepts, also known as the matching concept Revenue and costs are credited or charged to the profit and loss account for the year in which they are earned or incurred, not when any cash is received or paid For example, if a sale is made on credit this year, but the cash is only received next year, the sale is treated as income in this year
accruals: Provisions for income earned but not yet billed, or for expenses incurred but not yet paid Examples are the amount of sales you have made but which you have not yet been paid for, and the cost of electricity which you have used but have not paid for, even if you have not yet been billed for it
accruals: Expenses which overlap accounting periods Example: A material is received on April 29, 1996, and you wish to include it as an expense in fiscal year 1996 (which ends April 30) You may create a goods receipt, or a G/L account posting on April 29, 1996, to ensure that the expense is charged in the right year You charge the appropriate CF centre, and credit an accrual account The accrual account lets you accept (accrue) the charges in 1996, even though no invoice has been received See Prepaid