True-up

In accounting, true-up means the adjustment that replaces an estimate with the actual amount once it is known.

Layer: Lexicon
Defined in: Lexicon
Components: 1

Authority

This definition follows ASC 250-10-45-17 — change in estimate.

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.

True-up, in use

Quoted from the 2 documents that use the word — what it does to an interface, in the spec's own sentence.

Templated by adjustment type — accrual, deferral, depreciation, amortization, provision, reclass, true-up. autoReverse defaults to true for accruals, with the reversal date shown inline ("Reverses 1 Oct 2026").
Accounting core (GL) — 98. AdjustingEntryForm
The schedule shows what was accrued, what the actual turned out to be, and the true-up — this history is how accrual estimates get better, and it's what an auditor asks for.
Schedules, accruals & roll-forwards — 3. Accrued liabilities

For founders

The same idea written for a founder: what it costs a startup that ignores it, and what to do in a real month.

Accrued expenses vs accounts payable: the differenceAP is a bill you’ve received; an accrued expense is a cost incurred before the bill arrives. When to accrue, and how reversing entries work, by example.

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.

correction (an estimate change is not an error)

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.

9Accounting core (GL)

Family spec

AdjustingEntryFormTemplated by type. Auto-reverse defaults on for accruals.

Also in Close

Defined in Lexicon. This page is generated from that document, so the two cannot disagree.