kontantbaserte
Kontantbaserte is a Norwegian term used to describe systems, policies or practices that rely on cash transactions. In everyday use, it appears in phrases like kontantbasert regnskap and kontantbaserte betalinger, referring to approaches that prioritize actual cash movements over other considerations.
In accounting, kontantbasert (or kontantprinsippet) means recognizing revenue when cash is received and expenses when cash
Kontantbaserte systems are often considered suitable for small businesses, sole proprietorships or organizations with straightforward cash
The term can also apply more broadly to policies or processes that depend on cash settlements rather