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Revision as of 21:11, 8 February 2015 by Doug Williamson (Talk | contribs) (Correct typo.)

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A structure for the financial modelling of balances.

The closing balance is calculated from the opening balance, plus or minus the net inflow or outflow for the period.

The closing balance figure in turn provides the opening balance for the next period.

The movement of the developing balance follows a sawtooth or 'corkscrew' path. Hence the name for this structure.