Investopedia / Sydney Saporito An accrual is a way of recognizing revenues or expenses that have been earned or incurred but not yet paid. Accruals reflect money earned or owed that hasn't changed ...

Reviewed by Amy Drury Fact checked by Suzanne Kvilhaug Accrual Accounting Methodology Accrual accounting is the preferred ...

Accounting method that records revenues and expenses when they are incurred, regardless of when cash is exchanged. The term "accrual" refers to any individual entry recording revenue or expense in ...