Closing Balance

(redirected from Closing Balances)

Closing Balance

The balance of a bank account at the end of a period, such as a month or year. If the closing balance is listed on a bank statement, it indicates the closing balance on the date the statement was printed.
References in periodicals archive ?
When you first create the chart, the opening and closing balances are shown as increases.
Rows 2-13 are the increase or decrease for each month, and Row 14 is the closing balance.
Here are the steps to mark the closing balance as a Total:
Click once on the Closing balance column to select only that data point.
Each of the entities would retrieve their bank balances online or via manual bank statements, head office would then consolidate the bank balances and the previous closing balances would only be generated on the second day.
The Net Reserves table previously disclosed on page 13 of the release of February 20th has been revised by the Trust's Independent Engineers to reflect certain line item changes, although the reserves closing balances remain the same.
The level is forecast for a slight drawdown in the current year, with closing balances estimated at 10.
Clients can access their trade credit accounts in a password protected environment, and determine how the credits are being used, what their opening balances were, when the credits were used and closing balances after the activity.
The weak trend has continued, leading to a large reduction in the stabilization reserve, but its closing balances at June 30, 2003, was a little better than expected and the budget for fiscal 2004 maintains this level.
Financial operations in recent years have featured tax reductions and expenditure control; closing balances have been considerable.
Financial operations in recent years have featured tax reductions and expenditure control; closing balances have been considerable, reflecting both nonrecurring actions and stronger-than-expected revenue collections.
Activity Summary -- All activity since the previous statement is listed for each account, including net amounts of all security transactions, income, deposits, withdrawals and opening and closing balances.