Payment Accrual Period Explained

A payment accrual period ends when all services fixing the right to receive, the duty to pay or payment has occurred. The period begins when any of the activities that is required to establish that right or duty has begun. In determining payment accrual periods:

In determining payment accrual periods:

The inability to ascertain the amount of payment with reasonable accuracy or doubts as to ability to collect shall be disregarded; and

It is immaterial whether an immediate right to receive, or duty to pay, has arisen, whether the payment may later be repaid or whether the right to receive payment is subject to forfeiture. It is also immaterial whether the right is enforceable at law or in equity or is unenforceable or the duty is a legal or moral duty.