carry forward

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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 ?
Since, for tax purposes the amount is dealt with as if made last year, you are then governed by the old regime, where carrying forward contributions are still allowed.
There are no other clauses pertaining to leave encashment or carrying forward in UAE Labour Law.
"Social networking sites like Twitter and Facebook give such groups a forum for carrying forward their agenda," The Daily Times quoted Amir Rana, an author and expert on the Taliban and militancy.
For qualifying small corporations that are also carrying forward an AMT credit, the credit can be used to offset future regular tax, according to Sec.
Vice President SAARC Women Association, Hina Mansab Khan who was the chief guest on the occasion said the women would pay an active role in carrying forward the mission of Abdus Sattar Edhi.
Likewise, a taxpayer may adjust the NOL amount incurred in a closed tax year for purposes of determining the correct NOL amount available for carrying forward into an open tax year (Springfield Street Railway Co., 312 F2d 754 (Ct.