Accounting method that records revenues and expenses when they are incurred, regardless of when cash is exchanged.
I had to forfeit the interest accrual when I made an early withdrawal.
The accrual of the interest earned was able to float the banks operating budget before the recession hit.
Next, we'll take a look at the accrual.
I completely agree with you about the issue regarding interest accrual on your loan.
We decided to go ahead with the project although the accrual remained.
I haven't looked into whether interest accrual is possible for that account yet.
I see what you mean about the potential accrual.
The interest accrual hasn't increased yet.
The accrual was included in the estimate.