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What is the word for "founds/assets moved to the next accounting period for example to the next accounting/budget/financial year"

carry-over assets/founds ??

Thanks in advance!
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Hi,

What is the word for "founds/assets moved to the next accounting period for example to the next accounting/budget/financial year"

carry-over assets/founds ??


Before addressing your question, are you sure that you mean 'funds/assets'? Surely my assets, at least my fixed assets, would unquestionably go forward to my accounts for the next accounting period? I wonder if you mean some other term, eg income or financial activity?

I'm not an accountant. Perhaps one will give you a better answer.

Best wishes, Clive
Assets include many things such as land, cash, inventory, buildings,etc...

If the money the company earns and does not distribute to the shareholders, it can be carried to the next year statement.
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Hi,

Yes. But from an accounting point of view, it's their dollar value that counts.

Perhaps Dominik will clarify for us what he had in mind by his query.

Best wishes, Clive
Hi,

Thank you very much for your replies. I'm not an accountant too. I'm trying to help somebody from the other forum. I'm not quite sure which word is appropriate. I think thats "funds" is the correct word. The problem is that in Polish "assets", "founds", "means", "resources" are trasnlated as one word "srodki". So I don't know which word to choose. As I mentioned I'm not an accountant Emotion: wink
This term is connected with "State Budget Incomes and Expenditures"
In the Oxf. dict. I found the term "carry-over/carryover": (Accounting) the amount that is moved to the next part of the accounts or the next accounting period; The funds were approved for carry-over from one budget period to the next.
So I deducted that it should be "carry-over funds" but I'm not sure.

RGDS
Dominik
Hi,

It sounds OK to me.

Best wishes, Clive
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Hi,

Thank you for the confirmation.

Regards

Dominik