Difference between Accrual and Accruement
What is the difference between Accrual and Accruement?
Accrual as a noun is an increase; something that accumulates, especially an amount of money that periodically accumulates for a specific purpose while Accruement as a noun is the act of accruing.
Accrual
Part of speech: noun
Definition: An increase; something that accumulates, especially an amount of money that periodically accumulates for a specific purpose
a charge incurred in one accounting period that has not been paid by the end of it.
Accruement
Part of speech: noun
Definition: The act of accruing.
We hope you now know whether to use Accrual or Accruement in your sentence.
