Poonawalla fincorps
Poonawalla fincorps

Accrual vs due

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(Querist)
19 March 2015 What is the difference between accrual and due ?

Kindly explain with example
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
19 March 2015 Accrual means it is incurred but may or may not payable now, outstanding may payable later also

Due is the already incurred and payable now.

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