devengo is the spanish word for accrual.
Accrual - means is common word carry farword to next. provision - means is should be payable. Harisha Mundre
What is the difference between Modified accrual and Full accrual method?"
Cash accrual
what are examples of accrual errors
Modified
Accrual is a form of record-keeping. Usually, businesses record sales on a cash or accrual basis. Accrual accounting is when sales are recorded when they are made instead of when payment is received.
advantage modified accrual accounting in government
Debit: Vacation expense Credit: Vacation accrual
Yes any thing related to future is considered as accrual so interest earned but not received yet is also an accrual.
Cash accrual as calculated in most of the banks in India is PAT+ Depreciation
Accrual basis accounting:Recognizing non-cash circumstances as they occur.