Balance Forward

A Balance Forward is the previous balance on an account that has been carried over from the previous statement to the current statement. 

For example, if a tenant did not pay their rent last month and owes you $1500 ... the balance forward on their current statement would be $1500 because they still owe you that money:

balance forward on a report example

Another example would be a bank account ledger.  Let's say the balance on your bank account at the end of 2018 was $25,150.25.
If you view a statement for 2019 dated from 01/01/2019 - 12/31/2019, the Balance Forward by definition would be the previous balance ($25,150.25) which has been carried over from the previous statement to the current statement:

account ledger balance forward example

The only way to remove a Balance Forward is to "include all dates" on the current statement so that there is no balance to carry over from a previous statement. 
Did this answer your question? Thanks for the feedback There was a problem submitting your feedback. Please try again later.