Idiom
close the books
Meaning
To finalize the financial records for a specific accounting period; to cease trading.
Meaning adapted from Wiktionary, available under CC BY-SA 4.0.
Examples
“We close the books at the end of every month.”
“The accountant needs to close the books before we can calculate the final profit for the year.”
“After decades of declining sales and mounting debt, the board of directors finally decided to close the books on the company's operations.”
Examples
simple
“We close the books at the end of every month.”
contextual
“The accountant needs to close the books before we can calculate the final profit for the year.”
complex
“After decades of declining sales and mounting debt, the board of directors finally decided to close the books on the company's operations.”
Key words
Related idioms
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