BALANCING OFF THE BOOKS Definition

Bookmark and Share

BALANCING OFF THE BOOKS means totaling off the various amounts to find out how much money is left or, how overdrawn the organization is. At certain times; e.g. once a month, quarterly, for management committee meetings; it may be necessary to balance off the books".

Learn new Accounting Terms

PASSWORD is a sequence of characters required to gain access to a computer system.
Passwords are used to restrict computer system access to only authorized persons.

DIVIDEND YIELD is the annual rate of return, expressed as a percentage, on an investment.

Suggest a Term

Enter Search Term

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