cash basis

cash basis (uncountable)

1. (finance, accounting, often attributive) A method of accounting that tracks income and expenditure when they actually occur, rather than when they become due.

   Coordinate term: accrual basis

• “cash basis”, in Collins English Dictionary.
• “cash basis”, in Cambridge English Dictionary, Cambridge, Cambridgeshire: Cambridge University Press, 1999–present.
• “cash basis accounting”, in Cambridge English Dictionary, Cambridge, Cambridgeshire: Cambridge University Press, 1999–present.