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What is another word for cash basis?

Pronunciation: [kˈaʃ bˈe͡ɪsɪs] (IPA)

Cash basis is a term commonly used in accounting to refer to a method where financial transactions are recorded as soon as cash or its equivalent is received or paid. If you are looking for synonyms for the word "cash basis," there are several phrases you can use interchangeably. Some of the synonyms for cash basis include; cash in, cash accounting, cash receipts accounting, and cash method. Cash in refers to the concept that a company only records income when it actually receives the cash payment. The other synonyms also describe a similar concept, where the recording of financial transactions only happens when money is exchanged.
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Synonyms for Cash basis:

What are the hypernyms for Cash basis?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

  • Other hypernyms:

    ACCOUNTING METHOD, payment method, Financial methodology, Revenue recognition principle.

What are the hyponyms for Cash basis?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.

What are the opposite words for cash basis?

Cash basis is a financial method that counts only money that is actually received and spent. Antonyms for the term include "accrual basis," which accounts for accounts payable and accounts receivable, even if payment hasn't been made; "hybrid basis," which incorporates both the cash and accrual methods; and "modified cash basis," which includes selected accrual accounting conventions but follows the cash method. These alternative methods can be used to accommodate different financial situations, though cash basis is common among small businesses and individuals with straightforward financial transactions.

What are the antonyms for Cash basis?

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