Balance Reporting

Balance Reporting

Real time reports, usually to a corporation, of changes to the balance in its bank account. A bank issues balance reports so the corporation can manage its cash flows more effectively. Formerly, balance reporting was done daily, but companies are increasingly able to check their balances online at any time.
References in periodicals archive ?
Declaring the workshop open, Governor Simon Dalung of Plateau state, represented by the state director general of research and documentation, Professor John Wade, described the workshop as timely, saying that it would provide building opportunities and balance reporting among journalists.
PESHAWAR -- Impartiality and balance reporting could save the lives of journalists while serving journalistic duties in war and conflict zones.
Tenders are invited for Supply and implement an on premise Time and Attendance System that includes on-line timesheet entry, automated leave accrual information (through PeopleSoft integration), automated approval routing and leave balance reporting.
Fundtech, a company involved in global transaction banking solutions, has said that Standard Bank (JNB: SBK) (OTCPK: SBGOF) has selected Fundtech's cash management solution, Global CASHplus, to provide real-time liquidity management, cash flow forecasting, and balance reporting services to its corporate customers.
Overall, a balance of one per cent more surveyors still reported house prices falling rather than rising, although this was significantly down on the seven per cent net balance reporting falls the previous month.
62, Fund Balance Reporting and Governmental Fund Type Definitions, and previous GASB standards.
The net balance of surveyors reporting new instructions rose from 6% to 20% while the balance reporting newly agreed sales fell from 8% to minus 5%.
The balance reporting a fall in export orders over the past three months was -38%, compared with -39% and expectations last quarter of -18%.
However, the research also found diversity of practice in applying current guidance, and as a result a lack of consistency had evolved in fund balance reporting, specifically in the classifications of fund balances as reserved, unreserved, designated and undesignated.
Overall orders are also well below par with a 35% balance reporting a lighter than expected order book.
The CBI's less volatile three-month rolling average also showed a 33% balance reporting lower sales volumes.
A balance of 9% of retailers reported weaker activity than a year ago, an improvement on May's 14% balance, although its three-month average showed an 18% balance reporting weaker sales, the lowest since December, 2005.