An account balance represents the current amount of money or value held in a financial account at a specific point in time. It reflects the net total after all credits (deposits, earnings) and debits (withdrawals, charges, or losses) have been recorded. Depending on the account type – such as checking, savings, investment, or brokerage – it may show either available funds or total funds including pending transactions. In financial management, tracking account balances is essential for maintaining liquidity, budgeting, and cash flow control. For investors, an accurate balance provides a snapshot of portfolio value and performance, while in accounting it forms the basis for financial statements and reconciliation processes.
