Accounting Glossary Definition (English)
Transfers Defined
The following is in context to Accounting, because it's common for a single word to have multiple meanings you will find additional research links near the bottom of the page.
"Since governmental financial statements are based on funds, there is often a transfer among the funds. For example, the general fund may transfer money to the debt service fund so that fund can pay interest due on bonds. Because funds are the main accounting entity in government no effort is made to eliminate any double counting among funds and produce a consolidated statement for the entire government."
Additional Languages
Additional Transfers Definition Starting Points
The following links are listed in alphabetical order. Please note we cannot guarantee Transfers definitions are contextually accurate to Accounting at third party websites.
