Accrual Accounting
المحاسبة على أساس الاستحقاق
📖 Definition
Accrual accounting records revenue when earned and expenses when incurred, regardless of when cash changes hands. Required by IFRS and Saudi accounting standards for most businesses.
In everyday Saudi accounting work, accrual accounting matters because it affects invoice accuracy, financial reporting, tax filing, or ZATCA compliance depending on the transaction.
📖 التعريف بالعربية
المحاسبة على أساس الاستحقاق تسجل الإيرادات عند اكتسابها والمصروفات عند تكبدها، بغض النظر عن وقت تبادل النقد. مطلوبة وفق معايير IFRS والمعايير المحاسبية السعودية لمعظم المنشآت.
💡 Example
Service delivered in December but paid in January: revenue is recorded in December under accrual accounting.
خدمة مقدمة في ديسمبر لكن مدفوعة في يناير: يُسجل الإيراد في ديسمبر وفق محاسبة الاستحقاق.
When this term matters
Invoices
Use the correct term and value before issuing ZATCA-compliant invoices or credit notes.
Reports
Map it to the right account, tax field, or compliance report to avoid reconciliation gaps.
Compliance
Keep the Arabic and English meaning aligned when working with auditors, ZATCA, or customers.
Automate Accrual Accounting with Qeemah
Qeemah accounting software handles accrual accounting automatically, ensuring ZATCA compliance and reducing manual work.