balances the books

Settles the accounts

Balances the books means to reconcile financial accounts so that debits and credits match, ensuring records are accurate and complete: The accountant stays late at month's end to balance the books.

Figuratively, it can mean settling scores or achieving equity: After years of rivalry, winning the championship finally balanced the books.

Related

square up · audit · compliance · accuracy · fiscal responsibility · accountability · cash flow management · in the red · in the black · bottom line · accounts payable · accounts receivable · fraud prevention · bookkeeping · number crunching · bean counter · cost control · fiscal year

Opposites
financial accuracy and integrity

balances the bookscooks the books

Fraudulently alters financial records

creative accounting · embezzles · defrauds · swindles

financial management outcome

balances the booksoverspends

Exceeds one's budget

Family

balance, balances, balanced, balancing, balancer, imbalance, imbalanced, book, books

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Everyday, not technical · Rated G