Sentence examples for cash basis from inspiring English sources
noun
A method of accounting that tracks income and expenditure when they actually occur, rather than when they become due.
1. Understand how accrual accounting differs from a cash basis.
Secondly, food aid is budgeted on a cash basis.
But even on a cash basis, pension finances are deteriorating.
Some concierge practices operate exclusively on a cash basis.
"It's close, on a cash basis, to neutral for us," Levine said.
B is a U.S. citizen, calendar year and cash basis taxpayer.
LJM is whole on a cash-on-cash basis.
Moreover, financial executives of businesses increasingly prefer a cash-basis assessment of available funds over the traditional working capital status.
One is that if you are a cash-basis taxpayer you should make sure to pay the interest rather than just let it accrue on your debit balance.
The snag: You're what's known as a "cash-basis taxpayer".
The unified budget deficit, a cash-basis measurement, is the equivalent of a checkbook balance.
