DEFINITION of 'Footings'

A final balance when adding the debits and credits on an accounting balance sheet. Equity capital is also taken into consideration when calculating the final balance. Footings are commonly used in bookkeeping to determine final balances to be put on the financial statements.


A footing is the sum of a column of figures. For example:

Debits Credits
100 200
250 50
75 40

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  2. Do working capital funds expire?

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  3. How much working capital does a small business need?

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  4. What does high working capital say about a company's financial prospects?

    If a company has high working capital, it has more than enough liquid funds to meet its short-term obligations. Working capital, ... Read Full Answer >>
  5. How can working capital affect a company's finances?

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