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    gjgayle's Avatar
    gjgayle Posts: 1, Reputation: 1
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    #1

    Nov 1, 2010, 08:50 PM
    What is the difference of a cash basis budget to a modified accrual basis budget?
    Government accounting
    mmresd's Avatar
    mmresd Posts: 2,002, Reputation: 553
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    #2

    Nov 2, 2010, 03:51 PM
    Cash Basis Budget records everything when a transaction is incurred. Accrual Basis Budget does the same, but there are some things that are "accrued" at the end of the month, year, accounting or operation period.
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