carry forward


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Related to carry forward: Carry Forward Losses

carry forward

1. To cause a plan or situation to progress. A noun or pronoun can be used between "carry" and "forward." With your shared passion for this initiative, I'm confident that you two can carry it forward.
2. In accounting, to transfer an entry to the next page or column. A noun or pronoun can be used between "carry" and "forward." Did you carry forward the total from the last page? If not, that might be the source of the error.
See also: carry, forward

carry something forward

to take a figure from one column or category to another. Now, carry this figure forward into the tens column.
See also: carry, forward

carry forward

1. Also, carry over. Transfer a bookkeeping entry to the next column, page, another account, or the next accounting period, as in Let's carry forward this loss to the next quarter for a saving in taxes, or She made an error in carrying over this column. The first term dates from the first half of the 1800s; the variant dates from the mid-1700s.
2. Make progress in, advance, as in His successor hoped to carry forward his work. Also see carry on.
See also: carry, forward

carry forward

v.
1. In accounting, to transfer some entry to the next column, page, or book, or to another account: The company decided to carry their losses forward to offset future profits.
2. To succeed or make progress with something: I thought of the plan, and my assistant carried it forward.
See also: carry, forward
References in periodicals archive ?
To take advantage of carry forward before it disappears for ever, you need to act quickly.Your local NFU Mutual financial consultant can provide information and advice.
Ajay Maken has done a great job as a Sports Minister and I am going to carry forward his good work," Singh told media after assuming charge.
* The fixed-asset manager was expanded to compute depreciation using any of 22 methods and to carry forward the result, including asset sales, automatically to applicable forms.
Under the UKs fiscal rules, the Scottish Government cannot overspend - what we can do is carry forward a capped level of spending for use in a future year, where this is needed.
KARACHI -- Prime Minister Raja Pervaiz Ashraf has said that by following the Quaid-i-Azam's motto of Unity, Faith and Discipline the nation would make headway and we would carry forward the country and the democracy.
Pyongyang (North Korea), June 12 (Xinhua-ANI): Kim Jong Un, the top leader of the Democratic People's Republic of Korea (DPRK), called on his people to carry forward the socialist revolution cause under Kim IL Sung and Kim Jong IL's guidance, the official news agency KCNA reported Tuesday.
T can carry forward its 2003 disallowed interest expense to its succeeding tax year.
The transaction must be a fully taxable disposition in order to take advantage of the carry forward losses.
Addressing the people, a mujahid urged them to remain resilient and carry forward the ongoing struggle with dedication and sincerity.
Recently, under the China Petrochemical Corporation party issued a notice requiring learning Comrade Min Enze deeds, vigorously carry forward the spirit of scientists.
ISLAMABAD, June 21, 2011 (Frontier Star): The members of the Parliament on Monday said that the birth anniversary of Benazir Bhutto Shaheed is being observed with the commitment to carry forward her vision and work collectively to get the country out of the present crisis.
Rana highlighted that these networking sites have become effective tools for such proscribed groups to carry forward their 'jihad' ideology.
The IRS contended that P is entitled to carry forward qualified NOLs only to years occurring after the bankruptcy termination; P argued that he can apply bankruptcy estate losses that he succeeded to at confirmation, to any year after bankruptcy commencement.
Business use has to be entered manually for automobiles, and sales information does not carry forward to schedules 4797 or D.
Peerzada pointed out that Edhi started his welfare services in a very difficult time and we all must need to carry forward his mission in order to eradicate all the societal issues of our country.