Invertext Online Technical Dictionary

bring forward



Definition 1

In accounting adjustments or end-of-year balances, transfer the balance of, for example, a cost account to the profit and loss account; in paper bookkeeping terms, transfer the balance of an account from one sheet to the next.

Source: Invertext

Context: Business definition for: 'bring forward': to carry a sum from one column or page to the next.


Appears in the following subjects

Accounting, Banking