Question

Define-Balance Report?​

Answer 1

Balance reporting is a report by a bank to a customer, normally a company or organization, informing the customer of the balances in their accounts. ... It may take time for balances to change, such as with 401(k) reporting.

Answer 2

Balance reporting is a report by a bank to a customer, normally a company or organization, informing the customer of the balances in their accounts. Individual consumers can also request balance reports, but balance reports for corporate and organizational customers are typically much more complex.