closing operations
Definition
Accounting tasks that allow a company to reconcile expenses and revenues, create balance sheets, profit and loss statements, and other necessary filing documents. Closing operations are divided into three main components: day-end closing, month-end closing, year-end closing.
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closing operations is in the Accounting & Auditing subject.
closing operations appears in the definitions of the following terms: month-end closing, year-end closing and day-end closing
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