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Definition of 'Balance Reporting'
A report by a bank to a customer, normally a company or organization, informing the customer of the balances in their accounts. These real-time reports are key to the customer's cash-management program, especially for companies with far-flung operations and banking relationships in many countries.
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Investopedia explains 'Balance Reporting'
Balance reporting used to be done on a daily basis, but now companies can often access their current account information at any time. Customers can also now export the data for queries in other applications.
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Find out how a company spends its money and whether there will be any left over for investors.
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Differences between accrual accounting and cash flows show why net income is easier to manipulate.
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Break down the walls around researching financial instutions' financials.
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