"opening balance" is a correct and commonly used phrase in written English.
It refers to the initial amount of money or resources in a financial account or business at the start of a period, such as a new month, quarter, or year. Example: "On January 1st, the company's opening balance for the new fiscal year was $100,000."
The opening balance of the subaccount as of the beginning of the fiscal year in which the report is submitted.
The minimum opening balance necessary to confer membership is £500 in a one-year bond or £1,000 in an instant access account.
Mr Weisenburger said: "As the successor auditor, in order to express an opinion about the 2002 financial statements, they do have to get themselves comfortable with the impact of the opening balance sheets".
"The nearest bank branch was 50 kilometers away, and the minimum opening balance was equivalent to several years of her earnings". Kenyans' response was to keep their money under the mattress.
After Northern Rock was nationalised in 2008 at the start of the financial crisis, the Consumer Credit Act, which covers unsecured loans under £25,000, was changed to ensure that borrowers were informed of three figures in loan statements — the original sum borrowed, the opening balance and the closing balance.
A minimum opening balance of $1,000 will get you access to Schwab's impressive trading tools.
The total projected resources for 2014 2017, comprising the categories of regular resources (non-earmarked funds), other resources (earmarked funds) and trust funds, which include opening balances of US$3,083.7 million, amount to US$26,700.7 million.
With regard to the future, KSR representative S.H. Kim claimed that balancing between general and subspecialist radiologists, between KSR and subspecialty societies, between subspecialty societies and counterpart clinical societies, and between academic and non-academic positions is of utmost importance as laid down in the KSR's new slogan: "Open, Balanced, Sustainable".
One-stop shops have been restrained from opening their balance sheets, which used to be a competitive advantage.
Furthermore, Mrs. Maletta said, West New York "still has an open balance of $61,000.
Mr. Turner allowed that West New York did have an open balance with B. Seminara, but he said, "that's because they haven't done the signs".
