Closing Balance and Carryforward Issues

This term belongs to accounting jargon and refers to the balance remaining after offsetting various revenues and expenses within a certain period. It generally refers to the accounting result when closing the books at the end of the year or month. [Source: Baidu Baike]

The concept of "carryforward" is not applicable to closing balance because closing balance refers to the balance remaining after offsetting revenues and expenses within a specific period. It is a significant figure within that period. If you want to see cumulative closing balance information, you can switch the time range to "All" on the statistics page for a comprehensive view.

If you wish to track your financial situation, including total assets, net assets, liabilities, etc., please create asset accounts on the asset page for accurate record-keeping.