What does the incoming balance on the card mean? What is the outgoing account balance, what is the transit of the current account

Income Expense Incoming balance Outgoing balance

The sum of the totals of the record on the debit or credit of the account (excluding the initial balance) is usually called the debit and credit turnover, respectively. The difference between them is called the balance, or balance. The balance of the account at the beginning of the period is called the opening balance. The balance of the account at the end of the period is called the opening balance. If the total of the turnover on the debit of the account is greater than the amount of the total turnover on the credit of this account, then the balance is in debit. It is shown on the left side of the account, where the initial balance is.

By the way, various bank institutions draw up statements from their clients' accounts in various forms. However, any form of statement must contain the mandatory details of the date, document number, code of the transaction performed, indicating the amount of debit (debiting or issuing money from the current account) and credit (receipt or deposit of cash to the current account), as well as the incoming and outgoing balance of cash funds on the current account, certified by the signatures of the contractor and the bank controller with an imprint of the bank's stamp.

If now we want to understand how much money is left on the current account (calculate the outgoing balance), we must subtract the credit turnover (that is, the total amount of funds spent) from the debit turnover on this account (that is, from the total amount of funds received) ... If there was any incoming balance on the current account, then it would be necessary to add it. In our example, the incoming balance is zero, so the outgoing balance is equal to 33 million rubles, and it will be written in the debit of the table, since the debit turnover exceeds the credit

Outgoing balance 33 million rubles. with the beginning of the next period (quarter), it does not disappear, but becomes the incoming balance of the next quarter, after which the recording of incoming and outgoing transactions continues in the manner described above.

Instead of the term "account balance" the term "account balance" is also used, instead of the terms "opening balance" and "opening balance" - the terms "opening balance", "opening balance" or "balance at the beginning of the period", "balance at the end of the period" ...

Outgoing balance 13 million rubles. with the beginning of the next period (quarter), it does not disappear, but becomes the incoming balance of the next quarter, after which the recording of income and expense transactions continues in the manner described above, mirroring the order of entries on active accounts.

At the end of the reporting month, the correctness of the analytical accounting is checked. To do this, nd each warehouse calculates the amounts of outgoing balances on analytical accounting cards in the context of balance sheet accounts. The sum of the expense for the journal is added to the total amount of the balances, and the amount of the receipt for the journal is deducted as well. If the balance on the balance sheet corresponds to the amount calculated on the balance at the beginning of the month (on cards), then this means that the posting was done correctly. Keeping records by copying method allows you to abandon the compilation of the turnover sheet of quantitative-total accounting. The complexity of analytical accounting is significantly reduced, while analytical accounting cards, being accounting registers, simultaneously serve as registers of varietal warehouse accounting. This method completely eliminates any duplication of records on the analytical accounting of material assets in warehouses and in the accounting department.

The initial data in this report is entered in the workshop in the following order, the incoming metal remainder in meter or by weight, indicating the amount for each part is taken from gr. 16-18 of last month's report. Data on the receipt of metal in the workshop for the reporting month is taken from limit cards. Outgoing metal balance is recorded in gr. 16 or 17 based on month-end inventory data. For filling gr. 21 and 22 data on cutting (cutting) are taken from the primary documents on the production of products.

For filling gr. 1 take a card for accounting for the costs of the main production (form No. 111) and for each expense item calculate the cost of production. To do this, the incoming balance of these costs in work in progress is added to the amount of costs for the reporting month and the amount of the outgoing balance in work in progress is subtracted. In addition, the amounts charged to different accounts are deducted. After recording in gr. 1 sums of costs for all in the calculation sheet write data on items of expenditure according to the plan in gr. 3 from the standard cost estimate and the cost price data for the last year in gr. 4 - from the average annual accounting calculation of the last year.

In the section of the statement (card) Balance at the beginning of the month, the outgoing balances of work in progress are put down according to the data in the statements for the previous month. Indicators On deviations from norms in the sections of statements Balance at the beginning of the month and Balance at the end of the month are filled in only in cases where the amounts of deviations are included in the cost of gross output. When writing off these amounts to a commodity release, the indicated columns are not filled in.

T-accounts are filled in sequentially in the order in which the transactions are recorded in the transaction journal, i.e., in fact, the transactions are recorded in a different form using T-accounts, the same amount with the same entry number is written in the left side of the debited account and the right side of the credited account. The symbol A denotes the remainder - incoming at the top, and outgoing - at the bottom. Outgoing balance is calculated according to balance equations, for example, for active account 51

Similarly, the outgoing balance is calculated for passive accounts, for example, for strictly passive account 85 - Share capital

Sometimes there is a need to have balances (balance) for each memorial warrant. To do this, it is enough to write down the incoming and outgoing balance for this account, respectively, above the order and under it. Such

Outgoing balance at 25.10 Debit 8350

First, the opening balance is entered before the first record of the given month - this is the outgoing balance at the end of the previous month. We have it equal to zero. The first entry encountered with

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Accounting and control. Financial discipline in plain text, for those who prefer to read:

I would not tell you the simplest principles that are outlined in this lesson if I didn’t know from practice how often people get burned on these things, which are so easy to understand and easy to perform, and which require only discipline from you.

Life events

Record keeping is an essential part of any business. If you neglect it, you can fall prey to completely curious mistakes.

I have been working in finance all my life and have seen many different cases. One very literate, but young and just beginning businessman once did not manage to take the proceeds to the bank before closing. Our offices were close, so he brought a bag of money to me and asked me to leave it in the safe until morning.

One day passes, then the second, a week passes. The big bag with his money in my little safe was in my way, so I took the bag and went to him myself. And I got straight to the disassembly. Shouts, swearing, faces with red spots.

It turned out that the money was gone. The reader has already guessed what ... .. The package contained forty thousand dollars, at that time that was the price of a one-room apartment in Moscow. What if I hadn't come?

This case seems comical, but it has a completely natural psychological explanation: the human brain keeps 7 ± 2 cases in operative memory at the same time. Therefore, a person who worked with clients all day, received and issued money, cannot remember all 10 or 20 transactions that occurred during the day. And it is imperative to keep records, otherwise losses are inevitable.

Another young man worked hard and successfully, supplying goods to organizations that paid him in non-cash money. When he was just starting his business, he did not consider it necessary to register his own legal entity. person, and agreed with my friend (my employer) to use our current account. When money came, he called me, named the amount, the sender and the number of the payment, and I said “there is money” or “there is no money”.

Very soon I discovered that he did not ask for some of the amounts. I saw that the money was his, because I already knew his buyers, but he did not ask for these amounts. He simply did not remember all the consignments of goods that he shipped.

Any financier or accountant can tell as many such stories. Perhaps one of the readers is now nodding understandingly because he himself stepped on this rake.

To prevent this from happening, you need to count the money correctly, observing the technology.

A few words about the technology of accounting and control.

Reconciliation

Reconciliation Is the real cornerstone of all accounting technology .

The idea of matching is very simple and intuitive. In everyday life, everyone, without knowing it, applies it without any special training:

Let's say in the morning you had 7,850 rubles in your wallet. During the day you received 24,600 rubles (turnover on receipt) and gave 30,000 rubles (turnover on consumption). How much money should be in the wallet in the evening?

We get the basic formula:

Outgoing balance = Incoming balance + Income - Expense.

If you know exactly how much it was in the morning, then from your notes you can easily calculate how much should be in the evening. Check how much is actually there. If it does not match, look for an error. This is reconciliation.

All technology is based on this simple principle of reconciliation. Double entry- this is a reconciliation brought to logical perfection. Strict paperwork requirements ensure base for verification.

Reconciliation only gives reliability to accounting. Of course, computer programs calculate quickly and without errors, but if you enter incorrect data into such a program, the machine will quickly and without errors give an incorrect result. Therefore, it is necessary to constantly, literally every day, check the leftovers, find and correct errors. After all, you will always remember today's operations, find and correct an error. It is more difficult to recall yesterday's actions, and the day before yesterday is almost impossible. So very it is important to do a reconciliation every day.

Believe me, discrepancies in reconciliation are found very often.

So, accounting is carried out every day and is performed in 3 stages:

At the beginning of the working day check the incoming balance: recalculate cash, check with the balance on the account. Both numbers must be equal.
During the day record absolutely all transactions.
At the end of the working day check the outgoing balance: counting cash, check it against the balance of the account. Both numbers must be equal. If there is a shortage at the checkout, the cashier covers it from his own pocket - this is his financial responsibility. If there is a surplus in the cash register, we come, this is the company's money.

The next day we do the same.

Obviously, there should be as much money in the morning as there was the night before. In fact, at this stage they make a lot of mistakes. Imagine, you have already done a reconciliation and closed the cashier, and then another client comes. You serve him and take money from him, but the mood is no longer quite working. As a result, it is easy to forget to record. Therefore, you need to pay attention to the carry-over and check if it breaks.

The remnants "wander" from one day to another and form a chain of carry-over residues.

Thus, any error will result in incorrect balances in the accounts of all subsequent days. This ensures that accounting records are correct based on the last digit alone, and protects against tampering with accounting records in previous periods.

From lesson 2 you will learn how to organize the workflow, how to distribute and control financial responsibility and how to arrange electronic accounting.

You can download the file with the template of the accounting table by following the link in the letter for subscribers.

Almost everyone has heard of the term balance. What it is, of course, is known to all accountants and economists. But for most ordinary people this word is associated only with the concept of "difference". The term that everyone knows is one of the main ones in the most general sense, it really means the difference between the receipt of funds and all expenses for a certain period of time. But this concept is actually much broader.

Balance is an Italian word that entered Russian as an accounting term back in the nineteenth century. It literally translates as "settlement", "balance", "reckoning". In an economic sense, the word meant the difference between the amount of debit (credit account) and credit (expense account). By the twentieth century, the meaning of the term has expanded significantly, going beyond the purely accounting. And at the end of the century, it already began to be used also in a figurative sense.

The debit balance is a situation in which the debit exceeds the credit, that is, it shows the balance sheet asset for a given type of economic assets at a certain point in time.

Credit is a situation in which a credit is greater than a debit, which shows the state of the sources of funds used for conducting business, and is reflected in

When the difference between debit and credit equals zero, the po account is closed.

In practice, as a rule, not all is analyzed from the moment the enterprise or firm was founded, but only for a certain period, called the reporting period (month, quarter, etc.). In this regard, the following concepts are distinguished.

The opening (incoming) balance is the balance of a specific account at the beginning of the period. It is calculated according to the data of previous operations.

The final (outgoing) balance is the account balance as of the date of the end of the period. It is calculated as the sum of the opening balance and all turnovers for the period.

Balance for a period - the total result of all transactions performed for a specific period.

Credit (or debit) turnover for the period - the total is calculated for the accounts only for the required period.

Foreign trade relations are often viewed as the sum of exported and imported goods over a certain period. In this aspect, there are several of its varieties.

Trade balance is the result of calculating the difference between the value of exports and imports. It is believed that a negative indicator is a bad trend, since it means that a situation has developed in the country in which the market is flooded with imported products, which inevitably leads to infringement of the interests of domestic producers. However, in practice, this is far from always the case. For example, the United States, with such indicators, is quite successfully running the economy, being for the whole world a standard of economic prosperity and stability. They have learned to use other tools to deal with this situation.

The balance of payments is the result of calculating the difference between receipts from abroad and payments abroad. A positive indicator means an excess of cash receipts from outside over payments in the opposite direction. A negative indicator indicates an excess of payments from the country over receipts of money into the country. This means a gradual decrease in the foreign exchange reserves of the state. This situation can be avoided only if such calculations are made exclusively in the national currency of the country.

The closing or opening balance determines the account balance at the end of the specified period. Most often, the final result of the calculation is the arithmetic sum of the opening balance and turnovers for the entire period.

Template files for accounting, budgeting and calculating the break-even point are sent to subscribers.

Fill out the form on the left and click the button "Get free lessons" Accounting and control. Financial discipline in plain text, for those who prefer to read:

Record keeping is an essential part of any business. If you neglect it, you can fall prey to completely curious mistakes.

The total amount of expense transactions reflected in the credit of the active account is called credit turnover. If now we want to understand how much funds are left in the current account (calculate the outgoing balance)

Any financier or accountant can tell as many such stories. Perhaps one of the readers is now nodding understandingly because he himself stepped on this rake.

To prevent this from happening, you need to count the money correctly, observing the technology. A few words about the technology of accounting and control. Reconciliation

Reconciliation is the true cornerstone of all accounting technology.

The idea of matching is very simple and intuitive. In everyday life, everyone, without knowing it, applies it without any special training:

In our opinion, this account is closed both in terms of reflecting outgoing balances and when forming incoming balances at the institution, since it is a transit one.

We get the basic formula:

Outgoing balance = Incoming balance + Income - Expense.

All technology is based on this simple principle of reconciliation. Double entry is a reconciliation brought to logical perfection. Strict paperwork requirements provide a basis for reconciliation.

Only reconciliation makes accounting reliable. Of course, computer programs calculate quickly and without errors, but if you enter incorrect data into such a program, the machine will quickly and without errors give an incorrect result. Therefore, it is necessary to constantly, literally every day, check the leftovers, find and correct errors. After all, you will always remember today's operations, find and correct an error. It is more difficult to recall yesterday's actions, and the day before yesterday is almost impossible. Therefore, it is very important to do a reconciliation every day.

Believe me, discrepancies in reconciliation are found very often.

So, accounting is carried out every day and is performed in 3 stages:

At the beginning of the working day, check the incoming balance: recalculate cash, check against the balance on the account. Both numbers must be equal.

During the day, you record absolutely all transactions.

At the end of the working day, check the outgoing balance: recalculate the cash, check it against the balance on the account. Both numbers must be equal. If there is a shortage at the checkout, the cashier covers it from his own pocket - this is his financial responsibility. If there is a surplus in the cash register, we come, this is the company's money.

The next day we do the same. Carry-over

The remnants "wander" from one day to another and form a chain of carry-over residues.

Thus, any mistake will result in incorrect balances in the accounts of all subsequent days. This ensures that accounting records are correct based on the last digit alone, and protects against tampering with accounting records in previous periods.

From lesson 2 you will learn how to organize the workflow, how to distribute and control financial responsibility and how to arrange electronic accounting.

You can download the file with the accounting table template by following the link in the letter for subscribers. To the program of the course To lesson 2 >>>>>

There are a number of accounts that necessarily have a zero balance at the end of the period, mainly these are accounts to which expenses are written off.

Date of the operation Document number Type (code) of the operation Name of the operation Corresponding account number The amount of the operation on the debit of the account The amount of the operation on the credit of the account Account balance Total turnover Outgoing balance

Current account number of the bank client Date of issue of the previous statement with the outgoing balance, which will henceforth be considered the incoming balance for this statement Number of documents

[.] noted, in each short message about incoming / outgoing payments from a specific account, the account balance will also be indicated.

Final balance (outgoing) - account balance at the end of the period. It is usually calculated as the arithmetic sum of the opening balance and turnovers for the period.

1 Interest on the Account is calculated by the Bank on a daily basis based on the amount of the incoming cash balance at the beginning of the day on the Account. Accrued interest is paid to the Account on the last business day of the month.

The term "balance", used in accounting, means the balance of the account, calculated as a difference. Accordingly, a positive from-to is a sign of an excess of payments received from abroad over outgoing ones, and

Definition: This field indicates the account balance at the end of the reporting period, or if the statement consists of several messages MT940 - the interim outgoing balance.

Outgoing balance Liability 57500.00. Note: The amount of the receipt is reflected in the Credit column (since for the bank crediting funds to the current account is an increase in accounts payable to the client), and the expense

When monitoring starts, a list of personal accounts with the following details (by default) will appear on the screen: - Account number - personal account number; - Outgoing balance - the outgoing balance of the account for the date of the operative date.

Internet subscription fee - your subscription fee for the Internet service in the selected month, taking into account interruptions and recalculations. Outgoing balance at the end of the month - the account balance at the end of the selected month.

Outgoing balance. Passive accounts. In case of partial use of funds from the account, that is, in the case when something remains on the account, the balance will be recorded as a debit balance and will reflect the amount of funds on the active account.

The opening (incoming) balance is the balance of a specific account at the beginning of the period. Credit (or debit) turnover for the period - the total is calculated for the accounts only for the required period.

Payment history and refunds. How do I check my account balance and purchase history? You can view your Skype account balance and purchase history on your account page.

Saldo (Italian saldo - calculation, balance) - the difference between income and expenses for a certain period of time. Balance in accounting - the balance of the account, the difference between the amount of entries on the debit and credit of accounts.

We get the basic formula: Outgoing balance = Incoming balance + Income - Expense. At the beginning of the working day, check the incoming balance: recalculate the cash, check it against the balance on the account.

Page 7. At the end of the statement, the outgoing balance is put down (the balance at the end of the day). 2.5. Accounting for current account transactions and other bank accounts at Okna LLC.

The balance of the current account can be viewed by the report "SALT on the account". In the "Period" field, specify the day, in the "Account" field, specify 51 and select the required current account.

To calculate the balances, the opening or the outgoing account balance for each day is used. 55.3, 55.4, 55.33, 55.44) balances on deposit accounts are added to the balances on the corresponding current account.

- outgoing balance. - the balance on the client's account. - the balance at the end of the period.

Not always - sometimes and -Debit + Credit depends on which account, and in principle it is correct, knowing the account balance at the beginning of the period Outgoing balance = Incoming balance + Debit turnover - Credit turnover. Regardless of the type of account.

When using any banking product, be it a loan, deposit or debit card, it is important to control the flow of funds in the account. This is especially true for legal entities and entrepreneurs conducting commercial activities. A bank statement is an official financial document that confirms the amount of money credited and debited. On the basis of such a certificate, it is possible to confirm the income and expenses of the enterprise, as well as the amount of tax for any form of taxation.

Account statement for entrepreneurs and organizations

A bank statement is generated on a daily basis for each account opened with a financial institution. This can be a current account through which the company conducts its activities, making a profit and interacting with counterparties and suppliers, or an account opened for credit needs.

You can request a bank account statement at any time. It is formed for a certain period, which is of interest to the customer. This help contains information:

on the receipt of funds;
transferring money to third parties;
bank commissions.

Bank statements can be requested when the responsible authorized person contacts the branch of the financial institution. Different companies take different times to produce a certificate. This can take from a few minutes to 3 business days, depending on the organization's rules.

In addition, for enterprises that have settlement and cash services in a particular bank, remote access to the current one is often provided through the client-bank. In this service, you can generate such a document online, but it will not have legal force. To transfer the certificate to the regulatory authorities, the seal and signature of an employee of the banking company are required.

What is displayed in the document?

Account statements may vary slightly from bank to bank. But there is a unified entry form for the mandatory filling of information, which is displayed in the help:

The name and basic details of the bank for the personal account serviced in this company.
Customer data and account number.
The date on which the certificate is generated.
Date of the previous document request.
Opening balance at the beginning of the period and outgoing balance at the end of the period.
All transactions, full cash flow including debit and credit.

An example is the following sample bank statement:

Bank statement as of 18.08.2017 Organization name: LLC "Planet" Account number: 40705910706000004461 Formation date: 18.08.2017 Opening balance (K): 15,000.00
date	№ Document	Offsetting account	Operation type	Bank branch	Sum
date	№ Document	Offsetting account	Operation type	Bank branch	Debit (D)	Credit (C)
1	2	3	4	5	6	7
17.08.2017	243	40705910706000004345	2	5403654	10 000,00
17.08.2017	351	30300145856300012564	1	5503525		25 000,00
17.08.2017	242	40705910706000002425	3	5503525	10 000,00
Outgoing balance: (К) 20,000.00

The bank statement must contain complete information on each operation:

The date of the.
Payment document number.
The account to which money is received or from which it is received.
Translation type.
Bank details where the account is located (BIK).
Debit and credit after the completion of the transaction.

In the bank statement from the current account, the generally accepted pattern of "double entry" is observed. After each transaction, the balance on debit and credit is indicated. In the debit section, all cash receipts are displayed, in the credit - write-offs.

The bank statement must be confirmed by accompanying documents (orders, payment orders, requirements). The entered transactions are considered valid only if the relevant supporting documents are available.

Who is the certificate provided to?

A bank account statement is provided to a certain circle of responsible persons who are appointed by the head of the company. As a rule, the accountant of the organization has the right to request a certificate by contacting in person.

The accountant must receive directly the document and payment orders confirming the transactions. On the same day, it will be necessary to conduct all postings in the accounting system of the enterprise, usually 1C, using the double entry standard. For postings, the correspondence account and the account that is used in the operation are used.

A statement from the current account for an organization is an important financial document that is necessary for the accounting of an enterprise. But what is a statement for individuals? Do they need it?

Individuals can interact with a banking organization in various ways. Have a credit or debit card, deposit or loan, pay a mortgage, car loans. Bank statements for individuals are primarily informational in nature about cash flows.

The client can independently control the receipt and withdrawal of money, check the information on commissions and interest under the agreement. In addition, such a paper document is legally binding. The certificate will confirm the presence of overdue debts, fulfillment of obligations under the contract and is suitable for submission to the court or other banking organizations.

For loans

The loan statement displays the amount of crediting and debiting of money. In the column "Receipts" are the amounts that the client pays. The “Write-off” section contains data on how the funds are distributed over the account.

Information is indicated on how much was written off from the principal debt, and what went to pay off interest for the actual use of credit funds. Dates of actual receipt of money and write-off, as well as the amount of funds in the account at the moment.

Just as for legal entities, there is no single standard, but reference samples have general principles and are created on a special bank letterhead. An example is the following bank account statement:

Name of the bank: JSC "AKB RosEvroBank" BIK 044525836 General license for banking operations No. 3137 dated 26.08.2015 CURRENT ACCOUNT STATEMENT from 1.07.2017 to 18.08.2017 Client: Ivanov Ivan Ivanovich Account number: 40805910706000004461 Formation date: 18.08.2017 Date of last surgery: 17.08.2017
date			Admission		Write-off		Account balance		Sum
									Remaining principal
1	2	3		4		5		6
17.08.2017	Crediting funds
17.08.2017	Repayment of the principal debt
17.08.2017	Interest repayment for the current month
12.07.2017	Crediting funds
12.07.2017	Repayment of the principal debt
12.07.2017	Crediting funds
Principal amount as of 08/18/2017: 134,005.26

If in the course of the contract there was an overdue debt and fines or penalties were charged, then this information will also be displayed in the statement from the personal account. The client can independently calculate, based on this certificate, the total amount spent on payment of fines and interest.

For credit cards

At the end of each billing period, credit card holders receive an account statement, which indicates the amount of transactions for the past month, information on crediting money, the total amount owed and the required payment.

Standard account data contains minimal information. Banks can notify customers by SMS notification, by sending a letter to the mail or email address. A more detailed document of the bank on the current account is generated at the direct request of the client.

For deposits

The bank statement on the deposit includes information on the amount at the current moment, as well as on the accrued interest. This is relevant for deposits with monthly capitalization of interest, since the client can independently track the profit that his deposit brings.

In the bank statement, it will be possible to track the movement of funds if the terms of the deposit provide for a partial withdrawal of money or transfer of interest to a debit card.

How to get a certificate for an individual?

The document is automatically generated daily in the client's personal account. You can control your contracts through a computer or a mobile application. For this, there is no need to draw up additional requests or statements, the certificate is generated online.

But the online statement contains only reference information. The official document must be stamped by the bank and signed by the employee. You can request a certificate when contacting the bank and writing a written application.

A document for individuals is produced, as a rule, instantly, but some banking companies can process a request up to 3 business days. To draw up an application, you will need to have a passport with you, you may also need the number of the agreement drawn up in the bank.