off the books


Also found in: Dictionary, Financial.

off the books

Off the official payroll; paid in cash, without any official employment paperwork. I worked off the books in my uncle's restaurant for a few months during the summer. It's no secret that many migrant workers are kept off the books at major agricultural and construction operations around the country.
See also: book, off

on/off the/somebody’s ˈbooks

(business) included/not included in the official financial records of a company: The company falsified its accounts and kept billions of dollars in debt off the books.
See also: book, off, on
References in periodicals archive ?
Now a sociologist at Columbia University, Venkatesh spent over a decade immersed in a 10-block neighborhood he calls Maquis Park (a pseudonym) before producing Off the Books. At once an outsider and a welcome participant in the ghetto economy, he found that he was suddenly part of "a vast, often invisible web" of economic exchange.
Having questioned people familiar with the deal and conducted investigations, taxation officials concluded that the 300 million yen was passed on to Ebara and the company kept it off the books, the sources said.
Jumper explained that the funding for those positions has already been reduced, but "we have failed to take the people away, or take those slots off the books." He said that 4,500 positions have not been accounted for and need to be slashed.
Fraudsters manipulate balance sheets either directly through the booking of incorrect accounting entries or indirectly by keeping transactions off the books entirely.
Some are calling it "Enronitis." Pipeline companies have taken major hits from Wall Street since the Enron fall from grace and are struggling to clean up their "off the books" accounting procedures to reestablish stockholder confidence.
They are at the centre of partnerships which are said to have kept massive debts off the books.
This can be attributed to a number of default properties cleared off the books by some of the financial institutions.
"The misapplication of the law was so flagrant and so clearly mean-spirited in this case that it caught the attention of friendly legislators and editorial writers who had previously lacked the motive to work to get the law off the books," says Kate Monteiro, president of the Providence-based Rhode Island Alliance for Lesbian and Gay Civil Rights.
Peter the Apostle Catholic Church say they are disappointed with the ruling, but announced plans to continue their legal fight even with RFRA off the books. A few weeks later a compromise settlement was reached, allowing the church to expand without destroying its historic facade.
And up in Indiana, a lobbyist can throw a party or fund a trip for one legislator or, heck, the entire general assembly, and it's all off the books.
Ultimately, in July, 1987, FDA issued a proposal to wipe the inoperative regulation off the books. OMB argued that "market forces" can guide consumers' purchasing decisions.
THE firm responsible for signing off the books of collapsed tour operator XL Leisure was yesterday facing an investigation.
They argue that the levy would recover some of the tax revenue lost from illegals who work off the books.
"That's why we can't rest until we get this ludicrous GID diagnosis off the books."