Revenue accruals definition

Revenue accruals means those revenues which are (a) anticipated to be received in cash after the close of the fiscal period and (b) represent reimbursement for expendi- tures incurred by the end of the fiscal period. In order for rev- enue to be included in revenue accruals, it must meet the above tests.
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Revenue accruals means those revenues anticipated to be received in cash after the close of the fiscal period that represents reimbursement for expenditures incurred by the end of the fiscal period.
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Revenue accruals means revenue accruals of any Obligor, in each case in the ordinary course of business and as reflected on the balance sheet of such Obligor prepared in accordance with GAAP, consistently applied, and for which the Agent for the benefit of the banks has an Acceptable Security Interest on all related contract rights of such Obligor. Revenue Accruals shall not include any revenue accrual that arises out of an Excluded Contract.
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Examples of Revenue accruals in a sentence

  • Net Change in Fund Balance General Permanent Improvements GAAP basis $ 902,901$ (164,645)Increase (decrease) due to: Revenue accruals 185,795 4,330,654Expenditure accruals (218,019)(4,232,216)Outstanding encumbrances (470,671) (93,011)Budget basis $ 400,006$ (159,218) Note 6: Deposits and Investments State statutes classify monies held by the City into three categories.

  • Revenue accruals were deferred in the current fiscal year due to the unavailability of the funds.

  • Revenue accruals include the amount of revenue due for 2022, but not yet invoiced, mainly coming from the property operation line of business.

  • Revenue accruals are generated monthly on the morning of the first business day.

  • Revenue accruals reported on the Report of Accruals to Controller’s Accounts (Report 1) and/or adjustments reported on the Adjustments to Controller’s Accounts (Report3) will be the reconciling factors.The revenues per the agency’s/department’s records should agree with the revenues reported to DOF on schedule 10R for inclusion in the Governor’s Budget.SCO will refer to Report 4 to obtain additional information that may help resolve any Report 1 and/or 3 discrepancies.

  • Net Change in Fund Balance General Permanent Improvements GAAP basis $ 408,350$ (36,621)Increase (decrease) due to: Revenue accruals 267,897 (193,161)Expenditure accruals (761,725)118,900Outstanding encumbrances (546,955) (82,999)Budget basis $ (632,433)$ (193,881) Note 6: Deposits and Investments State statutes classify monies held by the City into three categories.

  • Revenue accruals Revenue includes an assessment of transportation services supplied to customers between the date of the last meter reading and the year end.

  • Net Change in Fund Balance General Permanent Improvements GAAP basis$ 2,047,282$ (185,214)Increase (decrease) due to: Revenue accruals (103,264) (27,660)Expenditure accruals(613,379)1,001Outstanding encumbrances(519,630)(84,371)To reclassify the net change in fund balance for funds combined with the General Fund for GASB 54 (79,957) - Budget basis$ 731,052$ (296,244) Note 7: Deposits and Investments State statutes classify monies held by the City into three categories.

  • This consist of: • Deferred expenses / Revenue accruals - written off/reversed upon termination of VDE : - During the year, the contract with Hansar Holdbull, LLC relating to Veteran Disability Examination (VDE) services has been terminated (as the original contract between Hanar Holdbull, LLC and the Government of United States was not extended).

  • Revenue accruals and distribution vary significantly along the value chain with the vendor (wholesalers and retailers) controlling 41% of the market share, transporters 37% and producers (wood and charcoal) only 22%.


More Definitions of Revenue accruals

Revenue accruals means revenue ---------------- accruals of WGI and the WGI Ownership Percentage of revenue accruals of the Operating Subsidiaries and the Material Joint Ventures, in each case in the ordinary course of business and as reflected on the balance sheet of the respective WGI Entity, each such balance sheet shall be prepared in accordance with GAAP, consistently applied. Revenue Accruals shall not include any revenue accrual that arises out of a contract or order that, specifically by its terms, forbids or makes void or unenforceable any assignment by the payee to the Agent for the benefit of the Lenders of the account receivable arising with respect thereto.
Sample 1
Revenue accruals means the portion of the Organic Payout, the Final Organic Payout and the Synergistic Payout related to revenue of the Organic Business and the Synergistic Business properly recorded under the Accounting Principles prior to the time payment for such revenue is collected.
Sample 1

Related to Revenue accruals

  • Revenue Fund means the fund so designated in, and created pursuant to, Section 502 hereof.

  • Interest Accrual Date means with respect to any Security, the date the Company accepts funds for the purchase of the Security if such funds are received by 3:00 p.m. (EDT) on a Business Day, or if such funds are not so received, on the next Business Day.

  • Expense Reserve Account The trust account established pursuant to Section 10.3(d).

  • Interest Account means the Account within the Debt Service Fund so designated and established by Article V hereof.

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Interest Accrual Period means the period beginning on (and including) the Interest Commencement Date and ending on (but excluding) the first Interest Period Date and each successive period beginning on (and including) an Interest Period Date and ending on (but excluding) the next succeeding Interest Period Date.