accrual method
An accounting method that records incurred expenses and income earned during a period even if all money has not been paid or received; businesses that maintain inventory must use this method
Browse all legal terms
Lysa — AI-Powered Legal Intelligence Platform
Lysa helps law firms and legal departments streamline research, document analysis, contract review, and matter management with AI. Built for Indian and global legal professionals.
Features
AI-powered legal research with citations from Indian laws, judgments, and statutes
Contract review and clause extraction
Document drafting and analysis (PDF, DOCX, Excel)
Matter management with timeline tracking
Legal knowledgebase with Indian Constitution, Acts, Judgments, Orders
Team collaboration with role-based access control
Pricing
Free plan available. Pro at ₹1,999/month. Firm at ₹4,999/seat/month.
Try Lysa Free