Current balance
In accounting, current balance means posted, including uncleared items.
- Layer
- Lexicon
- Defined in
- Lexicon
- Components
- 2
Not a rule
Bookkeeping convention — not codified. US GAAP governs recognition, measurement and presentation — not the mechanics a bookkeeper uses to get there. Anyone citing a standard for this word is citing the wrong thing.
Every citation in this system, with the text we read and the date we checked it, is in US GAAP and where these rules come from.
Current balance, in use
Quoted from the document that use the word — what it does to an interface, in the spec's own sentence.
Hierarchical tree, max 5 levels, with type, normal balance, contra flag, statement mapping, and current balance per account.
What it is not called
Each of these is a real word for a different thing. Using it here is what makes a product read as though it was built by someone who has not done the work.
- actual balance
Components that render this
The concept is not documentation-only. These are the components that name it in their specification, grouped and stated exactly as the catalog states them.
Also in Cash
Defined in Lexicon. This page is generated from that document, so the two cannot disagree.