ACTUALS Definition

Bookmark and Share

ACTUALS is jargon used when speaking of an actual number experienced through some point in time as opposed to a number that is budgeted or projected into the future, e.g., year-to-date sales, expenses, product produced, etc.

Learn new Accounting Terms

GROSS RECEIPTS is the total amount received prior to the deduction of any allowances, discounts, credits, etc.

FINANCIAL SCHEDULE, contained in an audited annual report, summarizes the audited financial position of the audited entity. Other application of the term is the scheduling of amounts, not necessarily by date, of major financial events by any given category as to projected receipts, payments, costs, etc.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.