balanced the books
Made figures match
To balance the books is to ensure that financial records are accurate and complete—that debits equal credits, income matches expenses, and accounts reconcile.
The phrase applies literally to accounting: The accountant balanced the books at the end of the quarter.
Figuratively, it can mean settling scores or making things even: He balanced the books with his former partner.
- accountingMaintaining financial records
- financialsMonetary records and reports
- ledgerFinancial record book
- reconciliationRestoration of friendly relations
- auditFormal accounts examination
bookkeeping · debits · verify · credits · accuracy · liabilities · equity · fiscal · settle up · assets · solvency · profitability · cash flow · in the red · bottom line · double-entry bookkeeping · number crunching · compliance
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