clear accounts
definitions
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Financial records or statements that are accurate, transparent, and free from errors, discrepancies, or fraudulent activity.en: Financial records or statements that are accurate, transparent, and free from errors, discrepancies, or fraudulent activity.
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The action of settling or finalizing financial transactions so that funds are officially transferred between accounts.en: The action of settling or finalizing financial transactions so that funds are officially transferred between accounts.
examples
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The auditor's primary goal was to ensure that the company maintained clear accounts.
The auditor's primary goal was to ensure that the company maintained clear accounts.
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The bank will clear accounts once the transferred funds have been verified.
The bank will clear accounts once the transferred funds have been verified.