Carry forward

usgb
verb

To take something from one account or period to the next one.

If you don't spend all your budget this month, you can carry forward the remaining amount to the next month.
Visual representation of "carry forward" - To take something from one account or period to the next one.

Often appears as...

  • carry forward balance
  • carry forward loss

Usage tips

Technical

Definition 1 of 4
Visual representation of "carry forward"
LampPro Tip 1/2

Financial Planning

Used in budgeting to indicate leftover resources moving into a new time period.

Illustration for Financial Planning
Our project funds are carried forward into Q2.
LampPro Tip 2/2

Accounting Term

A technical accounting term, often used during end-of-year financial reviews.

Illustration for Accounting Term
We'll carry forward the deficit to next year's budget.
Visual representation of the word "Carry forward"

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