Define: Conversion Balances

UK Accounting Glossary

Definition: Conversion Balances

Quick Summary of Conversion Balances

This refers to transferring bookkeeping records between accounting software programs. It involves taking closing balances from the previous software and entering it into the new software as opening balances.

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Page URL
Modern Language Association (MLA):
Conversion Balances. Payroll & Accounting Heaven Ltd. November 19, 2019
Chicago Manual of Style (CMS):
Conversion Balances. Payroll & Accounting Heaven Ltd. (accessed: November 19, 2019).
American Psychological Association (APA):
Conversion Balances. Retrieved November 19, 2019, from website:

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This glossary post was last updated: 26th December 2018.