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true up

 

Definitions from WordNet

Verb true up has 1 sense
  1. true, true up - make level, square, balanced, or concentric; "true up the cylinder of an engine"
    --1 is one way to align, aline, line up, adjust
    Sample sentence:
    Somebody ----s something

Definitions from the Web

True Up

Definition:

Verb: To make the exact or correct final adjustment to an account, a transaction, or a balance.

Noun: The act of making an adjustment, typically an equalizing payment, to ensure accuracy in an account, transaction, or balance.

Examples:

Verb:

  1. I need to true up my bank account by reconciling all my transactions.
  2. Make sure to true up the figures in the financial report before submitting it to the manager.

Noun:

  1. We had to make a true up payment to settle the outstanding debt.
  2. The accountant performed a true up of the books at the end of the fiscal year.

Possible related products on Amazon:

Accounting Software

Financial Reporting Books

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