ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
From the web's #1 provider of ratio analysis / financial analysis
With over 3,600 accounting terms and growing, we are the Internet's most complete and popular accounting dictionary of accounting terms. Ranked #1 by all major search engines for: Accounting Terms, Accounting Dictionary, and Accounting Glossary.
Your requested accounting terms definition is below. If you require additional accounting glossary definitions, please enter the accounting terms you require.
BALANCE FORWARD ACCOUNTING Definition
- BALANCE FORWARD ACCOUNTING
BALANCE FORWARD ACCOUNTING is where you maintain a list of charges and payments for each account. To find out the balance at any point in time, you add the charges, add the payments, and then subtract total payments from total charges. A billing statement is sent out every month with any balance carried forward from the previous statement
