Definition: Balancing item

ESA 1995

A balancing item is an accounting construct obtained by subtracting the total value of the entries on one side of an account from the total value on the other side.

Source:
Eurostat, "European System of Accounts - ESA 1995", Office for Official Publications of the European Communities, Luxembourg, 1996

Created:
2005-07-05

Updated:
2019-05-10