opening balance

They follow on from the first set and the opening balances are already entered.

The fund was established in 2005 with an opening balance of $205 million.

First of all, it must be absolutely clear what the Commission intends to do about the problems surrounding the opening balance sheet.

What's not standard, what grabs your attention, is that the opening balance is shown as zero.

To calculate the opening balance, companies transform a stream of future monthly payments into a single lump-sum present value.

All three providers require an opening balance of £100 with a maximum deposit of £5,000.

(Some plans, however, may not assign opening balances.)

Another was the "midnight shift", whereby the opening balance of a given week was less than the closing balance of the previous week.

'The opening balance was £430,000?'

Cannon, which began an auditor's review last year after the S.E.C. announced its investigation, said it has revised the opening balances for the 1986 financial statements.

They introduce a benchmark or preferred treatment which, in both cases, requires adjustment of the opening balance of retained earnings and a restatement of the comparative information.

Listed companies having net worth of INR 500 crore or less will convert their opening balance sheet as at 1 April 2014.

Statement - A periodic customer statement includes opening balance, invoices, payments, credit memos, debit memos, and ending balance for the customer's account during a specified period.

Accordingly, 9/15ths, or £9,000 of the transition obligation would be recorded as a direct reduction of equity in the opening balance sheet under US GAAP.

Have you already drawn up a sort of Basle II opening balance sheet for each country in order to see how these new rules will impact on our small and medium-sized enterprises?

Finally, Mr President, I urge you to draw up an opening balance sheet and submit proposals for coordinating economic, social, fiscal, research, innovation and education policy, because we need more Europe.

A summary of your current cash position - begin with your opening balance, add your cash receipts, subtract your cash distributions, and you're left with your new balance.

If the financial year of a company commences at a date other than 1 April, then it shall prepare its opening balance sheet at the commencement of immediately following financial year.

For example if we have an account with an opening balance of $100, and we have $10 on hold, and $20 physically leaves the account the available balance is $70.

The detailed procedural rules (including how closing and opening balance sheets must be established) control as to what part of the assets may be sold or distributed go far beyond the scope of this paper.

Other accounts pay the interest owed when the term ends, or pay the interest into a separate savings account on a monthly basis, so you will only be paid interest on the opening balance.

The only exception to this is an opening balance transaction, identified by 'Opening Balance' in the 'P' field (POpening Balance).

Where reliable fixed asset records are not available and cannot reasonably be produced, the staff has not objected to the establishment of fixed asset amounts based on fair values at the opening balance sheet date.

For example, Banco Halifax Hispania will ask you to put in a minimum opening balance of €600 (£495), but you will not receive interest until you have €1,000 in the account.

At the time of the audit, though, it did appear to the Court that further progress would be needed, as the figures needed to draw up the opening balances for 2005 had not yet been validated by the Commission's authorising officers.