English–German

“close the books” in German

German

Pronunciation

IPA/bilanˈt͡siːʁən/

Example

Die Firma bilanziert das Geschäftsjahr.

The company closes its books for the fiscal year.

Illustration for bilanzieren (close the books)

How to say “close the books” in German

“Close the books” in German is bilanzieren.

An accountant gathers a year's figures onto one balance sheet, making gains, losses, assets, and liabilities visible together.

Full entry for bilanzieren: usage tips, similar words and word origin

Example sentences with bilanzieren

Der Controller empfiehlt, nach HGB zu bilanzieren.

The controller recommends closing the books under the HGB.

Tips for using bilanzieren

  • In standard business German, bilanzieren commonly takes an accusative object, as in das Geschäftsjahr bilanzieren, and uses haben in the perfect.

“close the books” in other languages