What do you call the total cash amount of a business at the end of a financial period?

The term "Closing Balance" refers to the total cash amount of a business at the end of a financial period. This figure represents the available cash that a business has after accounting for all cash inflows and outflows during that period. It is crucial for assessing the financial health of the business, as it indicates how much liquidity is available for operations, investments, or to cover liabilities moving forward.

In contrast, the starting balance reflects the cash available at the beginning of the financial period. The net cash position typically refers to the difference between cash inflows and cash outflows, but does not specifically denote the total amount available at the end. Final cash flow generally pertains to the net cash movement over the period rather than the cash amount at its closure. Understanding the closing balance is essential for business management and financial planning, as it gives a snapshot of the company’s financial standing at a specific point in time.