Meaning & use
balance brought forward
Last updated
Meanings
nouncountablebusinessfinance
The amount of money in an account at the start of a new period, carried over from the previous period.
Grammar: Often used in the phrase 'the balance brought forward' or 'a balance brought forward of £X'.
Patterns
- balance brought forward from something
- a balance brought forward of £X
The balance brought forward from last month was $500.
Please check the balance brought forward on your statement.
The accountant recorded a balance brought forward of £1,200.
nouncountablebusinessfinance
The total of a column of figures that is moved to the top of the next page or column in an accounting record.
Grammar: Used when describing the physical act of carrying a total forward in a ledger.
Patterns
- balance brought forward to the next page
At the bottom of the page, write 'balance brought forward'.
The balance brought forward to the next page was $3,450.
Word forms
| plural | balances brought forward |
|---|
Common combinations
- balance brought forward from
- The balance brought forward from the previous quarter was positive.
- balance brought forward of
- There is a balance brought forward of $200.
- balance brought forward on the account
- The balance brought forward on the account was incorrect.
Synonyms and how they differ
- opening balance
- This is the more common everyday term for the same idea; 'balance brought forward' is more formal and often used in written accounting records.
- carried-forward balance
- A less common variant that emphasizes the action of carrying the amount forward.
Opposites
Word family
- balance noun
- The amount of money in an account.
- brought forward phrase
- Moved to an earlier point in time or to the top of a new page.
Commonly confused: balance brought forward or balance carried forward?
balance brought forward vs balance carried forward
This is the amount moved to the next period, while 'balance brought forward' is the amount received from the previous period.
Practice
Which phrase means the amount of money in an account at the beginning of a new period?
Choose one answer.
'Balance brought forward' is the amount carried over from the previous period to the current one. 'Balance carried forward' is the opposite: it is the amount moved to the next period. 'Balance due' is money you still owe, and 'balance sheet' is a financial statement.
Make it your own
Write a sentence using “balance brought forward”, then check it and compare it with the examples above.