An outstanding balance is an amount you owe on any debt that charges interest, like a credit card, e-transfer, and others. Most often, it refers to the amount you owe from purchases and other transactions made with your credit card. It’s also called your current balance.
Your outstanding balance is what you currently owe on your card and can include:
- Cash advances
- Balance transfers
- Interest charges
ALL-IN-CRM has a report where the client can check outstanding balance of all customers and