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Close the books Meaning in English

expression

ˈkɫoʊs/, /ˈkɫoʊz/ /ˈðə/, /ðə/, /ði/ /ˈbʊks
KLOHZ thuh BUHKS
kləʊz/ /ðə, ði/ /bˈʊks
KLOHZ thuh BUKS

Definition

To officially finish recording all financial activities for a period (like a month or year), so no more changes can be made for that time.

Usage & Nuances

This is a formal accounting and business expression, not used in casual everyday speech. Refers specifically to finalizing accounts for a period ('month-end close', 'year-end close'). Do not confuse with 'close your books' (stop reading/studying). Usually followed by 'for [period]' (e.g. 'close the books for June').

Example Sentences

The company will close the books for the year on December 31.

basic

After we close the books each month, we prepare financial reports.

basic

You cannot add any more invoices after you close the books.

basic

We’re almost ready to close the books for this quarter—just a few adjustments left.

natural

Once they close the books, the yearly profit becomes official.

natural

Let’s make sure everything’s correct before we close the books and send the numbers to the auditors.

natural