Accrual basis

Noun
1. a method of accounting in which each item is entered as it is earned or incurred regardless of when actual payments are received or made
(antonym) cash basis
(hypernym) accounting, accounting system, method of accounting

In the context of accounting, practice in which expenses and income are accounted for as if they are earned or incurred, whether or not they have been received or paid. Antithesis of cash basis accounting .

the most commonly used accounting method, which reports income when earned and expenses when incurred, as opposed to cash basis accounting, which reports income when received and expenses when paid.