closing the books

Related

fiscal yearAccounting calendar period
reconciliationRestoration of friendly relations
ledgerFinancial record book
auditFormal accounts examination
balance sheetAssets-liabilities-equity report

accounts payable · accounts receivable · journal entries · accruals · adjustments · trial balance · year-end · quarterly · deadlines · accountant · spreadsheet · debits · credits · revenue · expenses · general ledger · statements · finalize

Categories

accountingbookkeeping, ledger, balance sheet, general ledger, accounts payable
fiscal quartersQ1, Q2, Q3, Q4, first quarter

Opposites

accounting cycle phase

closing the booksstarting fresh

Beginning again from zero

business continuity

closing the booksramping up

Progressively increasing in scale

transparency/access

closing the booksfull disclosure

Withholding no information

financial transparency · public accounting · auditing

Familiarity: Top 2,000,000