Accrued expense - Revision history

imported>Doug Williamson: Add link.

2022-07-14T22:16:15Z

Add link.

← Older revision		Revision as of 22:16, 14 July 2022
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	* [[Bookkeeping]]		* [[Bookkeeping]]
	* [[Deferred income]]		* [[Deferred income]]
			* [[Expenditure]]
	* [[Expense]]		* [[Expense]]
	* [[Financial reporting]]		* [[Financial reporting]]

imported>Doug Williamson: Amend header.

2020-10-29T12:05:27Z

Amend header.

← Older revision		Revision as of 12:05, 29 October 2020
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	''Financial reporting.''		''Financial reporting - balance sheet - liabilities.''

	An amount owing - but not yet invoiced - for:		An amount owing - but not yet invoiced - for:

imported>Doug Williamson: Create page. Sources: linked pages.

2020-09-16T10:20:48Z

Create page. Sources: linked pages.

New page

''Financial reporting.''

An amount owing - but not yet invoiced - for:
*Services or goods received before the end of the accounting period; or
*Other economic benefits enjoyed before the end of the accounting period.

An accrued expense is a form of liability, because it represents cash that will have to be paid out in the future, for a benefit that has already been received.

Accrued expenses may include estimates about the amounts of final future payments, or their likelihood, or both.

Also known as an ''accrual''.

== See also ==
* [[Accrual]]
* [[Accruals basis]]
* [[Accrued income]]
* [[Balance sheet]]
* [[Bookkeeping]]
* [[Deferred income]]
* [[Expense]]
* [[Financial reporting]]
* [[Financial statements]]
* [[Income statement]]
* [[Liabilities]]
* [[Prepayments]]
* [[Provision]]
* [[True and fair view]]

[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]