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|English to Spanish translations [PRO]|
Bus/Financial - Accounting
Additional field(s): Business/Commerce (general), Economics, Finance (general)
|English term or phrase: accrual accounting|
|Definition from InfoUSA - U.S. Department of State:|
A system of accounting in which revenues are recorded when earned and outlays are recorded when goods are received or services performed, even though the actual receipt of revenues and payment for goods or services may occur, in whole or in part, at a different time.
- Accrual accounting is considered to be the standard accounting practice for most companies, with the exception of very small operations. Investopedia ULC
- Accrual accounting matches revenues with expenses for a particular period and this is the basis of the matching principle. Accrual accounting demands that expenses be matched with the revenue that was generated from those expenses. Money Instructor
- Like cash-basis accounting, accrual accounting has its drawbacks. It does a good job of matching revenues and expenses, but it does a poor job of tracking cash. Wiley Publishing, Inc.
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|contabilidad de devengo|
Un sistema de contabilidad que reconoce los ingresos cuando se ha adquirido el derecho a recibir el ingreso y que reconoce los gastos cuando se incurre en la obligación de soportarlos. Esto contrasta con el sistema efectivo de contabilidad que reconoce los ingresos cuando se recibe el dinero y los gastos cuando se pagan las obligaciones.
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