It's a-ccrual world

LOOKING at my monthly Internet and handphone bills one day many years ago, I was stumped when recording them down. For which month should I record my bill expenditure?

A typical bill has a date that the bill was made, say July 20. I might receive the bill a few days later.

But the actual payment through Giro - the outward transfer of cash from my bank account - takes place two weeks later, in August.