# True-up

> True-up — The adjustment that replaces an estimate with the actual amount once it is known.

Source: https://lopifi.com/glossary/true-up
Part of: Lopifi — US GAAP books on autopilot, reviewed by a CPA (https://lopifi.com)

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

## Words this system refuses for it

- correction (an estimate change is not an error)

- **Category:** Close
- **Specified in:** [Lexicon](https://lopifi.com/md/docs/domain/11-lexicon)
- **Rendered by:** [adjusting-entry-form](https://lopifi.com/md/components/adjusting-entry-form)