👉 "Outissuing" is a term in the context of accounting, specifically used to refer to the act of transferring income from one entity to another. It refers to the process by which an entity transfers its earnings or profits from one period to another, typically through a capital account reconciliation, where it is subtracted from the previous period's balance. This involves adjusting the current year's financial statements to reflect the changes in earnings and should be done on a monthly basis for entities that operate in a calendar
