noun
- amounts of money that accumulate or are owed over time but have not yet been paid or received
Usage: accounting; finance
Examples
- The company’s accruals included unpaid wages and interest expenses.
- Year-end accruals must be recorded before closing the books.
- The accountant calculated the accruals for vacation pay.
- Interest accruals on the loan increased the total debt.
- The audit revealed several missing accruals in the financial statements.
- Monthly accruals help provide a more accurate picture of expenses.