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open the books 

reveal the inner workings of a project or company to a prospective new partner.
Anytime Mr Johnson wanted to open the books and initiate a new member, he, alone, didn't need the others' approval.
open the books by coletto January 22, 2008

open the books 

American Mafia phrase that means when an LCN family opens up their rosters for recruitment, to bring in new made members.
Frankie, you've been on record for a while and you're a stand-up guy, so I'm gonna recommend you to the guy upstairs next time we open the books.