käteisperusteinen

Käteisperusteinen refers to an accounting method where revenue and expenses are recognized when cash is actually received or paid, rather than when the transaction is incurred or the service is delivered. This is in contrast to the accrual basis of accounting, which recognizes these events when they happen, regardless of cash flow.

Under the käteisperusteinen method, a sale is recorded as revenue only when the payment is received from the customer. Similarly, an expense is recorded only when the payment is made to the supplier. This method is simpler to understand and implement than the accrual basis.

The käteisperusteinen method is often used by small businesses and individuals for tax purposes, as it can provide a clear picture of immediate cash availability. However, it can distort the financial performance of a business over a given period, as it may not accurately reflect all liabilities or assets. For example, revenue earned but not yet collected would not appear on the income statement, and expenses incurred but not yet paid would also be absent.

Regulatory bodies and larger organizations generally require the use of the accrual basis of accounting for financial reporting due to its more comprehensive and accurate representation of a company's financial position and performance. The käteisperusteinen method is typically not permitted for publicly traded companies.