Download the app
educalingo
Search

Meaning of "opening balance" in the English dictionary

Dictionary
DICTIONARY
section

PRONUNCIATION OF OPENING BALANCE

opening balance  [ˈəʊpənɪŋ ˈbæləns] play
facebooktwitterpinterestwhatsapp

GRAMMATICAL CATEGORY OF OPENING BALANCE

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Opening balance is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES OPENING BALANCE MEAN IN ENGLISH?

Definition of opening balance in the English dictionary

The definition of opening balance in the dictionary is the amount of money in an account at the start of an accounting period.


WORDS THAT RHYME WITH OPENING BALANCE


ambulance
ˈæmbjʊləns
balance
ˈbæləns
Ballance
ˈbæləns
counterbalance
ˈkaʊntəˌbæləns
equibalance
ˌiːkwɪˈbæləns
excellence
ˈɛksələns
imbalance
ɪmˈbæləns
microbalance
ˈmaɪkrəʊˌbæləns
misbalance
ˌmɪsˈbæləns
outbalance
ˌaʊtˈbæləns
overbalance
ˌəʊvəˈbæləns
prevalence
ˈprevələns
rebalance
riːˈbæləns
silence
ˈsaɪləns
surveillance
sɜːˈveɪləns
thermobalance
ˌθɜːməʊˈbæləns
unbalance
ʌnˈbæləns
valance
ˈvæləns
valence
ˈveɪləns
violence
ˈvaɪələns

WORDS THAT BEGIN LIKE OPENING BALANCE

open-top
open-topped
openability
openable
opencast
opencast mining
opener
opening
opening act
opening arguments
opening batsman
opening bowler
opening ceremony
opening gambit
opening hours
opening night
opening time
opening times
openly
openmouthedly

WORDS THAT END LIKE OPENING BALANCE

account balance
advance
air ambulance
at a glance
bank balance
elance
freelance
glance
in the balance
lance
on balance
parlance
resemblance
semblance
strike a balance
the Balance
trade balance
trial balance
video surveillance
vigilance
work/life balance

Synonyms and antonyms of opening balance in the English dictionary of synonyms

SYNONYMS

Translation of «opening balance» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF OPENING BALANCE

Find out the translation of opening balance to 25 languages with our English multilingual translator.
The translations of opening balance from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «opening balance» in English.

Translator English - Chinese

期初余额
1,325 millions of speakers

Translator English - Spanish

saldo inicial
570 millions of speakers

English

opening balance
510 millions of speakers

Translator English - Hindi

प्रारंभिक शेष
380 millions of speakers
ar

Translator English - Arabic

الرصيد الافتتاحي
280 millions of speakers

Translator English - Russian

начальное сальдо
278 millions of speakers

Translator English - Portuguese

balanço de abertura
270 millions of speakers

Translator English - Bengali

খোলার আর্গুমেন্ট
260 millions of speakers

Translator English - French

solde d´ouverture
220 millions of speakers

Translator English - Malay

Membuka hujah
190 millions of speakers

Translator English - German

Eröffnungsbilanz
180 millions of speakers

Translator English - Japanese

期首残高
130 millions of speakers

Translator English - Korean

잔액
85 millions of speakers

Translator English - Javanese

Bukaan argumen
85 millions of speakers
vi

Translator English - Vietnamese

Số dư đầu
80 millions of speakers

Translator English - Tamil

வாதங்கள் திறந்து
75 millions of speakers

Translator English - Marathi

उघडण्याचे आर्ग्युमेंट्स
75 millions of speakers

Translator English - Turkish

Açılış tartışmaları
70 millions of speakers

Translator English - Italian

saldo di apertura
65 millions of speakers

Translator English - Polish

bilans otwarcia
50 millions of speakers

Translator English - Ukrainian

початкове сальдо
40 millions of speakers

Translator English - Romanian

soldul de deschidere
30 millions of speakers
el

Translator English - Greek

ισολογισμό έναρξης
15 millions of speakers
af

Translator English - Afrikaans

opening balans
14 millions of speakers
sv

Translator English - Swedish

ingående balans
10 millions of speakers
no

Translator English - Norwegian

åpningsbalansen
5 millions of speakers

Trends of use of opening balance

TRENDS

TENDENCIES OF USE OF THE TERM «OPENING BALANCE»

The term «opening balance» is regularly used and occupies the 62.678 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Regularly used
71
/100
The map shown above gives the frequency of use of the term «opening balance» in the different countries.
Principal search tendencies and common uses of opening balance
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «opening balance».

FREQUENCY OF USE OF THE TERM «OPENING BALANCE» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «opening balance» during the past 500 years. Its implementation is based on analysing how often the term «opening balance» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about opening balance

EXAMPLES

10 ENGLISH BOOKS RELATING TO «OPENING BALANCE»

Discover the use of opening balance in the following bibliographical selection. Books relating to opening balance and brief extracts from same to provide context of its use in English literature.
1
Using Quickbooks 2002
You use equity accounts in QuickBooks to track your company's net worth. When you start QuickBooks, the program sets up the Opening Balance Equity account for you. You can add an owner's equity account, retained earnings, or a draw ...
Gail Perry, 2002
2
QuickBooks 2012: The Missing Manual
When Iadd an account to my company file, can I just click the Enter Opening Balance button and type the balance I want to start with in the Opening Balance field? That seems the most logical place for it. You can, but your accountant may not ...
Bonnie Biafore, 2011
3
Running QuickBooks in Nonprofits
An opening balance, sometimes called an opening trial balance, consists of balance sheet accounts (assets, liabilities, and equity). Work with your accountant to create your opening trial balance. In the for-profit arena, the balancing entry for ...
Kathy Ivens, 2005
4
QuickBooks 2009 on Demand
Gail Perry CPA, Laura Madeira. Account Record Owners' Draws Enter Prior Period Adjustments Zero-Out the Opening Balance Equity Account a Select Company, Make. Recording. Owners'. Equity. When describing different types of accounts, ...
Gail Perry CPA, Laura Madeira, 2009
5
Bookkeeping with QuickBooks: The Canadian Guide
Only Balance Sheet accounts have an Opening Balance (see Chapter 3 "What Is A Start Date?"). The "Start Date" for New Beginnings Lawnscapes is September 30, 2007 (09/30/07). NOTE TO USER: Income and Expense accounts do not ...
Arlene Nora Arlow, 2007
6
Quicken 2009: The Missing Manual
Quicken What to Compare Note: The first time you reconcile a checking or savings account, Quicken fills in the Opening Balance with whatever balance you entered when you first created the account. From then on, the program uses the ...
Bonnie Biafore, 2008
7
Running QuickBooks 2007 Premier Editions
QuickBooks does not have a feature called the "Opening Balance," per se. However, every account register is sorted by date, so when you begin entering transactions in QuickBooks, you can follow these rules: • Enter current transactions ...
Kathy Ivens, 2006
8
Show Me Quickbooks 2006
The strangest account, one unique to QuickBooks, is the opening balance equity account. Because QuickBooks is a double-entry bookkeeping program— meaning that for every number you enter, there is an offsetting number of the same ...
Gail Perry, 2005
9
Applied Accounting for the Microcomputer User
The complete opening balance is initially posted from the trial balance to the balance control account. Thereafter a journal entiy is made from the age analysis list to each individual customer's account according to the age of the outstanding  ...
B Pretorius, Van der Laan, G J Storm, 2000
10
Financial Accounting: An Introduction to Concepts, Methods ...
(In the absence of a modifying adjective, the term means closing balance, in contrast to opening balance. The closing balance for a period becomes the opening balance for the next period.) As a verb, “balance” means to find the closing value ...
Clyde Stickney, Roman Weil, Katherine Schipper, 2009

10 NEWS ITEMS WHICH INCLUDE THE TERM «OPENING BALANCE»

Find out what the national and international press are talking about and how the term opening balance is used in the context of the following news items.
1
Zeliang presents 1426-cr deficit budget
... but with negative opening balance of Rs 117.97 crore, the year 2015-16 was estimated to close with a negative balance of Rs 1,426.29 crore, ... «Assam Tribune, Jul 15»
2
2015-16 to be sixth consecutive year of excess sugar production for …
It is also estimated to have about 102 lakh tons of sugar opening balance on Oct 1 , 2015. "It is estimated that 252 lakh tons of sugar will be ... «Economic Times, Jul 15»
3
CM presents Rs.1426.29 Cr deficit budget
With a negative opening balance of Rs.117.97 crores, he stated, the year 2015-16 is estimated to close with a shortfall balance of Rs.1426.29 ... «Eastern Mirror, Jul 15»
4
Surplus production a bitter pill for sugar mills
... lakh tons, including new arrivals from within the country and imports, whereas a normal year will have opening balance of 25 to 30 lakh tons. «The Hindu, Jul 15»
5
Ambareesh seeks clarification from finance department
Giving cumulative figures from the department, including the opening balance of Karnataka Slum Development Board and the Rajiv Gandhi ... «Times of India, Jul 15»
6
Slight increase of 0.2pc witnessed in domestic fertilizers production
Rabi 2014-15 started with an opening balance of 1,84,000 tonnes of urea. Domestic production during Rabi 2014-15 was estimated as 24 ... «The Nation, Jul 15»
7
Visant Corp. Announces Sale of Phoenix Color for $90M to ALJ …
Taking into account all of the above transactions, on a pro forma basis and subject to the finalization of the opening balance sheet, had we ... «Printing Impressions, Jul 15»
8
2 or 4? Bank accounts number mystery deepens
The annual audit reports, in the possession of TOI, revealed, "In 2013, the opening balance was Rs 7,65,769. It rose to Rs 19,29,295 in March ... «Times of India, Jul 15»
9
ALJ Regional Holdings announces acquisition of Phoenix Color and …
Taking into account all of the above transactions, on a pro forma basis and subject to the finalization of the opening balance sheet, had we ... «WorldPressOnline, Jul 15»
10
Inter-bank rates to rise as investors key into DMO re-opening bond
With N241 billion liquidity opening balance on Monday, market rates closed at 4.8 percent (OBB) and 5.3 percent (Overnight). As the slightly ... «BusinessDay, Jul 15»

REFERENCE
« EDUCALINGO. Opening balance [online]. Available <https://educalingo.com/en/dic-en/opening-balance>. Apr 2024 ».
Download the educalingo app
en
English dictionary
Discover all that is hidden in the words on
index
a b c d e f g h i j k l m n o p q r s t u v w x y z