opening balance definition

glossary: opening balance definition

Glossary: opening balance

Opening Balance is the amount of cash on-hand at the start of each month before any sales have occurred or any other inflow of cash on a Cash Flow Statement. The Opening Balance is always equal to the previous month’s Ending Balance.

Click here for more opening balance / Dictionary of Terms

Enter your email address below for opening balance and Business Planning information.

Definition: opening balance

If you need assistance in developing a business plan, our staff of industry leading consultants can assist you in preparing a winning presentation.

Contact us for a business plan quote to learn more about how we define opening balance and how we can help you complete your business plan today.

Additional terms to learn about opening balance definitions

Glossary: opening balance business plan definition - © 2001-2003 HJ Ventures International, Inc.