Accrual Method

Definition:

An accounting and financial statement reporting method that records income when a sale occurs (income is earned)-regardless of when you get paid-and records an expense when it is used (expense is incurred)-even though it was not paid for until later.

Related terms:

Error of Principle

Useful articles:

»	Create a Kid-Friendly Business
»	A Virtual Salesperson – The Newest Member of Your Salesteam?
»	Five Bottom-Line Marketing Concepts
»	15 Key Questions About Writing Your Own Tips Booklet

Loan amortization

This calculator will help you to calculate an amortisation schedule for a loan

Tax Calculator

This calculator will help you to calculate the before and after tax prices for purchases

Car depreciation

This calculator estimates what the car you are buying will be worth at some future point

Browse by categories

Accounting	Advertising	Banking
Bankruptcy	E-Commerce	Economics
Finance	Law	Investment
Insurance	Marketing	Real estate
Statistic	Trade	Purchasing

Featured Articles:

Marketing

The Ultimate Sales Improvement Skill

We're living in incredibly turbulent times. In spite of newspaper headlines proclaiming solid employment and a growing economy many business people admit to a pervasive feeling of uncertainty and c... [ more... ]

Legal

Social Security Disability FAQ

WHAT ARE SOCIAL SECURITY DISABILITY BENEFITS?

Social Security Disability is a benefit received from the Social Security Administration by disabled workers and in some cases their depen... [ more... ]

Motivation

Keeping A Journal - One Of The Three Treasures To Leave Behind

If you're serious about becoming a wealthy, powerful, sophisticated, healthy, influential, cultured and unique individual, keep a journal. Don't trust your memory. When you listen to something valu... [ more... ]