chekered bg

Modified Accrual Basis Accounting

A method of accounting that recognizes revenue when the invoice is issued. Expenditures are recorded when they are incurred.

More words in the glossary starting with M
Hurricane Ian ALERT:
We are supporting small businesses affected by Hurricane Ian. Visit our disaster relief hub or apply for financing.
close

Sign up for our newsletter

Join 200,000+ subscribers to receive the latest updates from Biz2Credit.

x
”Your browser does not support the images displayed on this website. Please try to access the site from the latest version of Google Chrome, Safari, Microsoft Edge or Mozilla Firefox”