Define: Opening the Books

UK Accounting Glossary

Definition: Opening the Books


Quick Summary of Opening the Books


When a business closes their books at the end of the year and a new set is opened.



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Cite Term


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Page URL
https://payrollheaven.com/define/opening-the-books/
Modern Language Association (MLA):
Opening the Books. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. February 28, 2020 https://payrollheaven.com/define/opening-the-books/.
Chicago Manual of Style (CMS):
Opening the Books. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/opening-the-books/ (accessed: February 28, 2020).
American Psychological Association (APA):
Opening the Books. PayrollHeaven.com. Retrieved February 28, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/opening-the-books/

Definition Sources


Definitions for Opening the Books are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 28th December 2018.