Kertymäpohjaiset

Kertymäpohjaiset refers to a Finnish term often encountered in financial and economic contexts, particularly relating to taxes and accounting. It generally translates to "accrual-based" or "cumulative-based." This method of accounting recognizes revenue and expenses when they are earned or incurred, regardless of when the cash is actually exchanged. This is in contrast to cash-based accounting, where transactions are only recorded when cash changes hands.

In tax law, kertymäpohjaiset principles are crucial for determining the taxable income of a business. For instance, revenue is recognized when the service is provided or the goods are delivered, even if the invoice has not yet been paid or the payment has not yet been received. Similarly, expenses are recognized when they are incurred, such as when a supplier's invoice is received, even if the payment is scheduled for a later date. This approach provides a more accurate picture of a company's financial performance over a specific period.

The concept of kertymäpohjaiset is fundamental to understanding financial statements like the income statement and balance sheet, as it dictates the timing of recognition for various economic events. It ensures that financial reporting reflects the economic reality of a company's operations rather than just its cash flow. Finnish accounting standards and tax legislation extensively utilize these principles.