What is the meaning of hybrid account?

Thanks for invitation,

Hybrid accounting incorporates the cash and accrual methods of accounting and is acceptable for internal accounting as well as tax purposes. However, the Internal Revenue Service has special requirements relating to the use of the hybrid method which focus on line items related to inventory, income, and expenses. The hybrid method must be applied consistently in order to pass Internal Revenue service (IRS), edit and be acceptable for internal accounting purposes.

The hybrid method is permissible for internal accounting and tax purposes.. Hybrid accounting incorporates the cash and accrual methods of accounting and is acceptable for internal accounting as well as tax purposes.

 

The hybrid accounting method ia primarily a blend between cash and accrual methods of accounting. The internal revenue service has special requirements relating to the use of the hybrid method which focus on line items related to inventory, income and expenses. Some comapanies are required to use hybrid method. These business are small mining operations, manufacturers, wholesalers and retailers. we can use hybrid method for taxes as long as we are consistent and clearly reflect income. So, we will make hybrid account according to rules of hybrid accounting, for examle, Hybrid bank account.  

The hybrid method of accounting is primarily a blend between the cash and accrual methods but also incorporates other special methods of accounting. The hybrid method is permissible for internal accounting and tax purposes.

 

Hybrid accounting incorporates the cash and accrual methods of accounting and is acceptable for internal accounting as well as tax purposes. However, the Internal Revenue Service has special requirements relating to the use of the hybrid method which focus on line items related to inventory, income, and expenses. The hybrid method must be applied consistently in order to pass IRS scrutiny and be acceptable for internal accounting purposes.

 

is primarily a blend between the cash and accrual methods but also incorporates other special methods of accounting. The hybrid method is permissible for internal accounting and tax purposes.

Usually many companies followes cash or accrual basis accounting. but hybrid accounting is mix of both for internal use(analysis) and for tax purposes. there is some rule we should follow when we carry accounts in accrual basis.

 

Thanks for inviting me to answer but Saifudheen brother i really don't know what is hybrid account and i did not read in my graduation study. So, i can't provide wrong information.

I know only "Cash accounting system" & "Accrual accounting System" but not know "Hybrid account"

May be this question in master level study. 

It describes securities that have features of both debt instruments and equity instruments(shares) -It is issued by well- known companies and banks

thanks. i don't know what subject you are really referring to. hybrid means, a mixture of 2 or more methods, ideas, approach or materials, not confined to one only.  if you are referring to accounting method, cash and accruals can be combined. if you are referring to accounts, you might be referring to cash basis or with credit terms of the supplier or client account or account of customers, with mixed characteristic, category and criteria rather than customer confined to 1 category only when analyzing market segment.