For the accountancy use of the term. Capitalaccount financial accounting In Macroeconomics and international finance, the capitalaccount also known as financial account is one of two primary components ... a nation s net income, the capitalaccount reflects net change in national ownership of assets. A surplus in the capitalaccount means money is flowing into the country, but unlike a surplus in the current ... earnings. A deficit in the capitalaccount means money is flowing out the country, but it also suggests the nation is increasing its claims on foreign assets. The term capitalaccount is used with a narrower ... the rest of the world calls the capitalaccount into two top level divisions financial account and capital .... The capitalaccount in macroeconomics At high level math begin align mbox Capitalaccount & mbox Change ... align math Breaking this down math begin align mbox Capitalaccount & mbox Foreign direct investment ... many capitalaccount transactions are processed. Foreign direct investment FDI , refers to long term ... item on the capitalaccount. If a nation s citizens are investing in foreign countries, that s an outbound ... these assets is recorded in the current account the capitalaccount entry will just be for any international ... from the market. Inbound capital flows from sales of the account s foreign currency , especially ... in funds via the nation s capitalaccount, and this will act to raise the value of its currency ... not reported as part of the capitalaccount . ref name IFM Flows to or from the reserve account can substantially affect the overall capitalaccount. Taking the example of China in the early 21st century, and excluding the activity of its central bank, China s capitalaccount had a large surplus as it had ... s capitalaccount has been in large deficit as its central bank purchased large amounts of foreign ... of funds leaving the country through the private sector component of the capitalaccount. ref ... calls the capitalaccount is labelled the financial account by the International Monetary ... more details
In financial accounting, the capitalaccount is one of the accounts in shareholders equity. Sole proprietorship s have a single capitalaccount in the owner s equity. Partnership s maintain a capitalaccount for each of the partners. References reflist See also Capitalaccount macroeconomics econ stub Category Economics Category Financial accounting ... more details
Capitalaccount convertibility is a feature of a nation s monetary policy financial regime that centers on the ability to conduct transactions of local financial assets into foreign financial assets freely and at market determined exchange rates. ref http inhome.rediff.com money 2006 sep 04faq.htm FAQ Capital a c convertibility and how it affects you ref It is sometimes referred to as capital asset liberation or CAC . In layman s terms, full capitalaccount convertibility allows local currency to be exchange for foreign currency without any restriction on the amount. Citation needed date February 2008 This is so local merchants can easily conduct transnational business without needing Currency foreign currency exchanges to handle small transactions. Citation needed date February 2008 CAC is mostly a guideline to changes of ownership in foreign or domestic financial assets and liabilities ... Benu Schneider. Issues in CapitalAccount Convertibility in Developing Countries. Speech delivered ... for capitalaccount convertibility was so that Investment foreign investors could invest without ... of capitalaccount liberalization. Controversy Despite changes in wording over the years, and additional .... ISBN 0 8213 3992 3 ref ref name alpha Benu Schneider. Issues in CapitalAccount Convertibility in Developing ... enabled investment in the country, it also enabled quick liquidation and removal of capital asset .... Crisis and Recovery in Malaysia The Role of Capital Controls. Published 2003 Edward Elgar Publishing .... ISBN 0 631 19439 8 ref All types of liquid capital assets must be able to be exchanged freely ... amount in excess of 500,000 . Capital inflows should be invested in semi liquid assets, to prevent ... capital, which would lead to welfare gains, and in turn lead to higher GDP growth. The tradeoff for such growth was seen as a lack of sustainable internal GNP growth and a decrease in domestic capital ..., since they would rather see such transactions put to direct use in growing capital. ref name Secn ... more details
selfref For information on user accounts at Wikipedia, see Wikipedia Why create an account? wiktionary accountAccount may refer to A report An account accountancy account in accounting Accounts at banks and or other financial institutions. Deposit account Personal account Sweep account Transactional account User computing User account The means by which a user can access a computer system An Internet based entity owned by or assigned to a specific user but stored in an organization Such as account at FaceBook , or e mail account Accounts is a British term for financial statements . disambig be be x old cs et rozcestn k da Konto de Conta gl Conta id Akun nl Account pl Konto pt Conta ru simple Account sk et sh Ra un uk ... more details
About the macroeconomic current account day to day bank accounts Current account banking Cleanup date March 2011 File Cumulative Current Account Balance.png thumb 400px small Cumulativity Cumulative Current Account Balance 1980 2008 US Billions based on the International Monetary Fund data small In economics , the current account is one of the two primary components of the balance of payments , the other being capitalaccount . It is the sum of the balance of trade net earnings on exports minus payments ... made abroad note investments are recorded in the capitalaccount but income from investments ... are linked to specific respective subcategories in the capitalaccount, as income is often composed ... the capitalaccount, economists and central banks determine implied rates of return on the different ... trade. A Current Account Deficit creates an obligation of repayments of foreign capital, and that capital ... of the sum of the capital and financial accounts. One might then ask Is the current account driven ... account is the main causal factor, with capital and financial accounts simply reflecting financing ... and cash transfers. The current account balance is one of two major measures of the nature of a country s foreign trade the other being the net capital outflow . A current account surplus increases a country s net foreign assets by the corresponding amount, and a current account deficit does ... account because goods and services are generally consumed in the current period. ref name .... Positive net sales abroad generally contributes to a current account surplus negative net sales abroad generally contributes to a current account deficit . Because exports generate positive net sales, and because the trade balance is typically the largest component of the current account, a current account surplus is usually associated with positive net exports. This however is not always the case ... 4 June 2005 work Sydney Morning Herald accessdate 24 May 2010 ref The net factor income or income account ... more details
note. The computation of capital gains is done account wise. Indian Banking System First, an investor ...Refimprove date February 2011 The term demat , in India , refers to a dematerialised account for individual ..., as required for investor s by the Securities and Exchange Board of India SEBI . In a demat account ... possession of certificates. A demat account is opened by the investor while registering with an investment broker or sub broker . The demat account number is quoted for all transactions to enable electronic settlements of trades to take place. Access to the demat account requires an internet password .... Purchases and sales of securities on the demat account are automatically made once transactions are confirmed and completed. Advantages of demat A demat account also helps avoid problems typically ... with forgery and loss due to damaged stock certificates . Demat account holders also avoid ... account holders usually obtain quicker receipts of benefits like stock splits and bonuses. The other ... one centralized investment account from where you can access and maintain investment products. Indian market scenario The capital market in India has seen an unprecedented boom in the last 15 years ... instruments were beset with problems that threatened the very survival of India s capital market. Goal ... the need for notifying companies. Automatic credit into demat account for shares arising out of bonus split, consolidation merger, etc. A single demat account can hold investments in both Equity ... account of the investor. Demat options There are many hundreds of Depository participant Depository Participants DPs offering the Demat account facility in India as of September 2011. A comparison ... a bank as a DP. Having a Demat account with a bank DP, usually provides quick processing, accessibility ... the Demat account with shares in case of purchase, or credit a savings account with the proceeds of a sale ... banks give the option of opening a demat account in any branch, while others restrict themselves ... more details
A unit of account is a standard monetary unit of measurement of value cost of goods, services, or assets. It is one of three well known functions of money . It lends meaning to profits, losses, liability, or assets. The accounting monetary unit of account suffers from the pitfall of not being a stable unit of account over time. Inflation destroys the assumption that money is stable which is the basis of classic accountancy. In such circumstances, historical values registered in accountancy books become heterogeneous amounts measured in different units. The use of such data under traditional accounting ... of Income from Business and Capital in Colombia Fiscal Reform in the Developing World By Charles ... of account allows meaningful interpretation of prices, costs, and profits, so that an entity can monitor ... of the standard unit of account. The use of money, under conditions of price stability, vastly improves the Economic efficiency efficiency of market economies . Historic examples of units of account ... one time there might be two or three units of account in one region based on the local base, silver ... all became pounds 240 denari of account. Units of account would often survive over 100 years despite ... exchange Introduction author Peter Spuffords year 1986 ref A modern unit of account is the European ... just a unit of account until the introduction of notes and coins in 2002. Unit of account ... of a unit of account in financial accounting , according to the American business model, allows investors to invest capital into those companies that provide the highest rate of return . The use of a unit of account in managerial accounting enables firms to choose between activities that yield the highest profit. In economics , a standard unit of account is used for statistical purposes to describe ... would be impossible without a standard unit of account. After being compiled, these figures are often ... cost of a policy, a standard unit of account allows for the creation of a composite good . A composite ... more details
Refimprove date April 2007 A managed account is a fee based investment management product for high net worth individual s. Managed accounts started as separately managed account s SMAs and have since evolved into multiple strategy accounts MSAs and the rapidly emerging unified managed account s UMAs . The appeal of managed accounts is the access to professional money managers, a high degree of customization and greater tax efficiencies in a fee based product. There is also broad agreement that managed accounts provide the added benefits of greater transparency, liquidity and control. ref cite web url http www.opalesque.com fullarticle 57546 managed 20accounts Due Diligence Due diligence on931.html title Managed accounts provide benefits such as greater transparency, liquidity and control date 8 March 2010 author Opalesque ref They are not to be confused with managed bank accounts, a consumer banking product in the UK. ref cite web url http www.thinkmoney.com banking title Managed bank accounts date 11 March 2010 author Think Banking ref Managed account minimums and the cost to operate managed account programs have steadily dropped as technology helps with efficiency and scale. Increasingly, managed account products are seeing interest from the mass affluent as well. The retail managed accounts industry was sized at 1.70 trillion in 3Q 2009. ref http www.cerulli.com Cerulli Associates ref Investment managers offering SMAs include Harris, Merrill Lynch , MFS , Bank of America, Wachovia Securities, Lord Abbett , http www.deltafins invest.com en managed accounts.html Deltafins Investments Inc. , and Parametric. A handful of firms provide outsourcing services for managed account middle office and back office operations. The technology platform for managed accounts is dominated ... ITFX Capital Management Corporation , State Street, Investment Technology Group , and SunGard . References reflist Category Banking Category Investment fr Managed account ... more details
, which are also transferred to the revenue statement account. The net positive or negative balance profit or loss of the revenue statement account is transferred to reserves or capitalaccount as the case ...Accounting Accounting is a systematic way to record transactions. An Account in bookkeeping refers to assets , Liability financial accounting liabilities , income , expenses , and Equity finance equity , as represented by individual ledger pages, to which changes in value are chronologically recorded with debits and credits debit and credit entries. These entries, referred to as postings, become part ... Edition ISBN 0 8120 9035 7 page 3 ref Types of accounts Based on nature An account may be classified as real, personal or as a nominal account class wikitable Type Represent Examples Real Physically ... of accounts at the end Sales, Purchases, Electricity Charges Example A sales account is opened for recording ... to the revenue statement account Profit and Loss Account or Income and Expenditure Account ... on account of the Entity concept , since for the objective analysis of the financial results ... The account is the basic and central accounting and payment services. The account book is the representation .... Each account is set for a title that refers to the element that represents a numeric code that identifies and value thereof, graphically represented as a T, which contains annotations or account ... have no other meaning than the mere physical situation indicate in the account. There are two account types equity and management. Equity accounts appear in the Balance and can be part of the asset ... income and expense and will appear in the Profit and Loss Account. Regardless of whether the accounts ... account of assets or liabilities can reverse the above logic, such as Bad Debt Allowance for Obsolete ... accounts in the accounts management. A very common type of account are current accounts, these are accounts ... or creditor. References reflist DEFAULTSORT Account Accountancy Category Accounting terminology ca ... more details
Unreferenced auto yes date December 2009 A suspense account is an account used temporarily to carry doubtful receipts and disbursements or discrepancies pending their analysis and permanent classification. It can be a repository for monetary transactions cash receipts, cash disbursements & journal entries entered with invalid account numbers. The account specified may not exist, or it may be deleted frozen. If one of these conditions exist, the transaction should be directed to a suspense account. In branchless banking BB banking through mobile for unbanked these accounts are used for money in transit . For example, sender sends payment from US ACH account to a BB mobile number in Japan. The customer receives an alert on their mobile to withdraw this money from any BB agent. Until they withdraw, the remittance stays in the suspense account, earning the financial institute or the BB enabler float interest on that money. When customer withdrawal completes, the money moves from suspense account to the agent s account who facilitated the cash withdrawal. A suspense account is an account in the general ledger in which amounts are temporarily recorded. The suspense account is used because the proper account could not be determined at the time that the transaction was recorded. When the proper account is determined, the amount will be moved from the suspense account to the proper account. See also Accountancy DEFAULTSORT Suspense Account Category Generally Accepted Accounting Principles Accounting stub de CpD Konto ... more details
Orphan date February 2009 Context date October 2009 A custodial account is a financial account set up for the benefit of a Beneficiary trust beneficiary , and administered by a responsible adult, known as a custodian who has a fiduciary obligation to the beneficiary. In one form, a custodial account is an account set up for a Minor law minor , because the minor is under the legal age of majority . The custodian is often the minor s parent. A custodial account can be a bank account or a trust fund or a brokerage account. This type of account usually come with a Coverdell ESA Form a tax advantaged contract. It deals with successor rights and other contract conditions depending on who issues the form. In another form, a custodial account is a trust account owned by an individual or institution, managed by a named party for purposes of rapid distribution of funds in that account. This is commonly used for petty cash, or for transactions that have very limited and clearly defined payees and transaction types. For example, law firm accounting includes trust accounts for disbursing funds entrusted to the law firm by each client for the client s benefit. References http definitions.uslegal.com c custodial account Legal Definition See also Trust law Category Personal finance Finance stub ... more details
A revolving account is an account created by a lender to represent debt s where the outstanding balance does not have to be paid in full every month by the borrower to the lender. The borrower may be required to make a minimum payment, based on the balance amount. The most common example of a revolving account is a credit card . Credit cards Category Credit card terminology money stub ... more details
A bank account is a financial account which by when recording the non financial transactions between the customer and their bank and the resulting financial position of the customer with the bank. Citation needed date April 2010 Account types Bank accounts may have a positive, or debits and credits credit balance, where the bank owes money to the customer or a negative, or debits and credits debit balance, where the customer owes the bank money ref http www.businessdictionary.com definition debit balance.html ref . Broadly, accounts opened with the purpose of holding credit balances are referred to as deposit account s whilst accounts opened with the purpose of holding debit balances are referred to as loan account s. Some accounts are defined by their function rather than nature of the balance they hold. Bank accounts designed to process large numbers of transactions may offer credit and debit facilities and therefore do not sit easily with a polarised definition. Accounts multicol Transactional account deposit account checking account Current account banking current account Personal account Transaction deposit multicol break Savings Account Individual Savings Account Time deposit certificate of deposit Tax Exempt Special Savings Account Tax Free Savings Account Money market account multicol break Other accounts loan account Joint account Low cost account Nostro and vostro accounts Numbered bank account Negotiable Order of Withdrawal account multicol end Neutral Consumer Information Canada Ref improve section date September 2007 The Government of Canada maintains a database of the fees and features of bank account packages offered by various financial institutions operating ... eng consumers ITools CoB default.asp ref that allows consumers to compare various bank account packages ... Bank statement Chart of accounts Financial privacy International Bank Account Number Society for Worldwide ... DEFAULTSORT Bank Account Category Banking ar be be x old ... more details
Account number may refer to A number used to identify a bank account Bank card number , the primary account number found on credit cards and bank cards International Bank Account Number , an international standard for identifying bank accounts across national borders National identification number , a number used by the governments of many countries as a means of tracking people for the purposes of work, taxation, government benefits, health care, and other governmentally related functions Disambig ... more details
Joint account is a bank account shared by two or more individuals. Any individual who is a member of the joint account can withdraw from the account and deposit to it. Usually, joint accounts are shared between close relatives or business partners. Joint accounts are often created in order to avoid probate . ref cite book last Clifford first Denis title Plan Your Estate edition 9 isbn 1413307612, 9781413307610 url http books.google.com books?id Xw GI0b5mBMC&pg PA166&dq joint Account ref If two individuals open a joint account and one of them death dies , the other person is entitled to the remaining balance and liable for the debt of that account. Sometimes a temporary joint account is opened by two parties entering into a transaction where one party needs a security for the fulfilment of the transaction and the other party has to pay the sum deposit , being the security for the other party. Any payment from the joint account or return of the deposit from the joint account, will only be possible if both parties sign a joint written instruction to the bank. It is not possible that only one of the both parties gives instruction for payments of the joint account. citation needed date October 2009 Because European banks are not very interested in opening temporary joint accounts, as they are normally used for one transaction only, there are specialised parties or companies taking care of such accounts as trustees. A temporary joint account is normally closed after the transaction for which it was opened has been concluded. Temporary joint accounts are used in transactions in which large sums of money are involved as an alternative to letters of credit or escrow accounts. citation needed date October 2009 See also Current account Savings account Transactional account References references DEFAULTSORT Joint Account Category Banking ... more details
Unreferenced stub auto yes date December 2009 A separate account is a segregated accounting and reporting account accountancy account held by an insurance company not in or separate from its general account . A separate account allows an investor to choose an investment category according to his individual risk tolerance, and desire for performance. An account may be a generic conservative or aggressive investment allocation, or a specific mutual fund type account. Some offshore company offshore companies allow the account owners to specify the type of separate account to open. Separate accounts in the U.S. markets are often characterized as either managed or non managed. A managed separate account is synonymous to a mutual fund in the sense that the investments of the separate account are actively managed such as stocks, bonds or other debt instruments, loans, derivative instruments, etc. . A non managed separate account is one that invests more passively in that it typically owns shares of other managed pools of investments such as mutual fund shares. This is similar to a fund of funds whereby the separate account fund simply invests in shares of one or more mutual funds. This arrangement is sometimes more efficient and cost effective rather than the insurance company maintaining many separate accounts with similar baskets of securities. Separate accounts are sometimes confused with separately managed account s SMAs , which are privately managed investment accounts opened through a brokerage or financial adviser that uses pooled money to buy individual assets. These differ from mutual funds because the investor directly owns the securities instead of owning a share in a pool of securities. Most SMAs require a minimum investment of 100,000 or more. DEFAULTSORT Separate Account Category Insurance Econ stub ... more details
In accounting , the controlling account small UK small control account also known as adjustment account ref http lexicon.ft.com term.asp?t control account control account definition in Financial Times lexicon ref is an account in the general ledger for which a corresponding subledger subsidiary ledger has been created. The subsidiary ledger allows for tracking transactions within the controlling account in more detail. Individual transactions are posted both to the controlling account and the corresponding subsidiary ledger, and the totals for both are compared when preparing a trial balance to ensure accuracy. For example, Accounts Receivable is the controlling account for the Accounts Receivable Subsidiary Ledger. In this subsidiary ledger, each credit customer has their own account with their own balance. Thus, while the Accounts Receivable balance can report how much the company is owed, the Accounts Receivable subsidiary ledger can report how much is owed from each credit customer. Other examples of controlling accounts and their subsidiary ledgers include Accounts Payable accounts payable subsidiary ledger and Equipment equipment subsidiary ledger . ref name isbn0 324 65913 X cite book author Jones, Jefferson Nikolai, Loren A. Bazley, John D. title Intermediate Accounting publisher South Western College Pub location Cincinnati, Ohio year 2009 page 102 isbn 0 324 65913 X oclc doi accessdate ref References reflist Category Accounting systems ... more details
An account manager Sales is a person in a business who is responsible for the management of the sales and relationship with particular customer s. They are usually allocated particular customer account s, especially key accounts that provide the most business. Responsibilities The responsibilities of an account manager vary depending on the nature of the business. The account manager builds client relationship by acting as the interface between the customer service teams and sales teams within a company. The goal is to maintain the company s existing relationship with a client or group of clients, so that they will continue using the company for business. The account manager also tries to identify potential new clients and business opportunities and to persuade new customers to place business with the company. Account managers are responsible for working with clients to identify their needs and work out how the company can best meet those requirements, in order that the client does not decide to place business elsewhere. Normally an account manager looks after existing customer customers ... on the size of the company, account managers might manage a single account or they may have a variety of clients. An account manager might have responsibility for an account at national level or at global level. Global account managers and national account managers may work together in a hierarchical ... Key account manager Key account management includes sales but also includes planning and managing the full relationship between a business and its most important customers. An account manager who works .... ref citation url http books.google.co.uk books?id YutAr0bk2OUC&pg PA294 title Key Account ... and purchase goods Key account management model The basic assumption for a key account management model ... key account classification model. ref citation editor Sloan Management Review volume 4 issue 4 title ... Business and financial operations occupations marketing stub cs Account manager nl Accountmanager ... more details
unreferenced date June 2009 A general account generally refers to the combined or aggregate investments and other assets of an insurance company available to pay claims and benefits to which insured s or policyholders are entitled. The general account may also be considered everything that is not represented by a separate account s of the firm, if such separate account has been established by the company. Should a firm have no separate accounts, then its only account is the general account. The term should not be thought of narrowly in terms of a bank account or general ledger account, but rather the broader concept introduced in the first sentence. Policyholders of insurance policies that are not associated with separate accounts do not have a legal or other direct interest or right to the assets or investments of the insurance company s general account but rather these obligations for benefits or claims are general obligations of the company. In this case, policyholders are subject to credit risk of the insurance company that is, should the insurance company fail or go bankrupt, the claims or cash values of policies are not directly backed or collateralized by the company s investments and other assets. In the U.S., state insurance departments examine audit insurance companies to evaluate many things, principally to see if the company is sound and policyholder interests are protected. A.M. Best is an example of an insurance rating agency who evaluates and rates many companies on various factors such as financial strength, claims paying and other policyholder servicing experiences. econ stub Category Insurance terms ... more details
Image The One account.png right The One account Ltd is single brand subsidiary financial services company ... as the Virgin One account and promoted to Virgin Direct s 200,000 strong UK customer base. The launch ..., the company relaunched as The One account when The Royal Bank of Scotland took a majority shareholding ... . Distribution One account products are sold directly by phone, internet and post. They are also distributed through intermediaries mortgage broker s and Independent Financial Adviser s. Current Account Mortgages The type of offset products offered by The One account are called Current Account Mortgage ... current accounts, personal loans and, if desired, their saving accounts into one account. A low, mortgage style interest rate is charged on the net balance of the account on a daily basis. Since customers pay their salary into the account this money has the effect of reducing the average balance ... rate used to vary with the Bank of England base rate, however in recent months the One Account interest ... rate had not increased. The One account vaunts the flexibility afforded by current account ... would be better off with a One account. Industry accolades In June 2002, The Virgin One account scooped both Best Mortgage provider and Best Current Account provider at the Guardian Observer Consumer Finance awards. In the following year, The One account was awarded Best Mortgage Provider for the 3rd year running at The Guardian Observer Consumer Finance Awards, Best Current Account and Offset Mortgage Provider at the Moneyfacts Awards, Best Current Account Mortgage at the Your Mortgage Awards ... Current Account Mortgage from Mortgage Magazine in 2005 and 2006, Best Current Account Mortgage from Your Mortgage Magazine in 2005, and in 2006 The One account was voted the Best Current Account and Offset Mortgage Provider by Moneyfacts . On 23 February 2012, the One Account wrote to its mortgage ... worth 785m to staff. External links http mortgages.oneaccount.com The One account Royal Bank of Scotland ... more details
Unreferenced date December 2006 Orphan date October 2008 A layered account is a form of qualitative research qualitative social research in which the researcher writes from more than one voice and is informed by several layers of consciousness. First proposed by Carol Rambo Ronai, a layered account intentionally blurs the boundaries between social research and art. See also Autoethnography DEFAULTSORT Layered Account Category Qualitative research Sociology stub ... more details
Multiple issues orphan May 2009 unreferenced May 2009 A Clearing account is usually a temporary account containing costs or amounts that are to be transferred to another account. An example is the income summary account containing revenue and expense amounts to be transferred to retained earnings at the close of a fiscal period. Category Accountancy business stub Generally, clearing accounts are where you do your laundry of debits and credits when an item is charged and then paid off. For example, I frequently see a Payroll Clearing Account where payroll is run by a third party, the numbers are entered into the books and the liability to each employee is recorded as a credit in a Payroll Clearing Account. Then when the checks are actually issued to the employee sometimes the checks are issued ..., is to the bank account and the debit is to Payroll Clearing which SHOULD zero out the credit balance sitting in that account. If it does not, then that means a check may have been written for the wrong ... to the account was misposted. It is a good system of checks and balances to ensure that you posted ... Tax Clearing Account for Down Payments is for real estate transactions possibly for the purchase or possibly for a property tax impound by the lender. In any case, the goal of the Clearing Account is to zero ... that ideally have a balance of 0 e.g. a credit card clearing account to track charges made by customers against the deposits made to the bank from the credit card processor, or an account used to track intercompany transactions . Generally the clearing account functions as a check on entries ..., or you missed an entry. Here s how this principle would work for a payroll liability account FICO reconcilliation . The account is credited increased when paychecks are cut for the liability arising from those paychecks. The same account is then debited decreased when those liabilities are paid ... payroll most of the big payroll processors collect the payments at that time the balance in that account ... more details
A personal account is an account for use by an individual for that person s own needs. It is a relative term to differentiate them from those accounts for corporate or business use. The term personal account may be used generically for financial accounts at banks and for service accounts such as accounts with the phone company, or even for e mail accounts. Banking In banking in the United States of America United States , personal account refers to one s account at the bank that is used for non business purposes. Most likely, the service at the bank consists of one of two kinds of accounts or sometimes both a savings account and a checking account . Banks differentiate their services for personal accounts from business accounts by setting lower minimum balance requirements, lower fees, free checks, free ATM usage, free debit card Check card usage, etc. The term does not apply to any one service or limit the banks from providing the same services to non individuals.personal account can be classified into three categories 1Persons of Nature.2.Persona of Artificial Relationship.3.Persons of Representation. At the turn of the 21st century, many banks started offering free checking, a checking account with no minimum balance, a free check book, and no hidden fees. This encouraged Americans who would otherwise live from check to check to open their personal account at financial institutions. For businesses that issue corporate checks to employees, this enables reduction in the amount of paperwork. Finance In the financial industry, personal account usually PA refers to trading or investing for yourself, rather than the company one is working for. There are often restrictions on what may be done with a PA, to avoid conflict of interest. References unreferenced date September 2007 references External links http www.fsa.gov.uk Financial Services Authority http www.financial ombudsman.org.uk Financial Ombudsman Service http www.bankingcode.org.uk Banking Code Standards Board http ... more details
Orphan date April 2012 A canonical account or built in account , in the context of computer software and systems, is an account that is included by default with a program or firmware . Such accounts usually also have a default password and may have certain access rights by default. As such accounts and their password and permissions are usually common knowledge, given that anyone possessing a copy of the software, the device or their documentation will likely know of the account, a common security measure is to change the account s password and to double check or modify the groups if any it is included in, or simply disable or delete it if it is not required. Examples Zyxel routers typically have admin as their default firmware administration account and 1234 as the default password . The password can and should be changed as soon as possible. Microsoft Windows 2000 and Windows XP XP , and possibly other versions, have an account named Guest by default, which has no password and grants a very basic access to the operating system. Even though it is disabled by default, some administrators may choose to activate it, change the password and disable it once more for good measure. This account cannot be deleted. If not blank, canonical passwords are usually simple and may often be A simple sequence 1234 , 4321 , abcd The same as the account if the account is bob , the password will also be bob A word relating to the account or software support , finance , windows Simply password , pass External links http www.phenoelit.de dpl dpl.html Default Router Password List http www.helith.net projects alecto Alecto Default Password List Project Category Windows software Category Password authentication Windows software stub ... more details
Multiple issues wikify March 2012 inappropriate tone June 2010 The job role account executive covers various descriptions depending on the specific industry covering mainly sales marketing role. IT organizations In information technology IT organizations, an account executives is a senior management role, responsible for executing large 50 mln contracts. Control of the profit and loss is one of the main activities, together with customer alignment on a senior level. Usually an account executive has one or more account managers in his her staff, to cover the various towers a large contract is mainly built of. The account managers directly or indirectly control the program and project managers performing the actual job. For very large contracts 1 bln , 600 people could be involved in contract execution. Contract life cycle In an ideal situation, at the end of a contract life cycle, the account executive and part of the staff will be involved in new contract negotiations. This could be for the same account or for a new customer. Once the contract is signed, the account executive and staff will be directly up to speed. However, practice shows this situation will only be achieved one out of five times on average. Marketing and advertising industries In the marketing and advertising industries, account executives are typically responsible for client servicing and client acquisition. The account ... jobs i.e. media placement, distributions, contract negotiation, etc. . The account executive is also tasked with bringing more clients into the agency to increase revenue. The account executive will typically have 1 2 assistants and reports to the respective account supervisor manager ref http www.prospects.ac.uk advertising account executive job description.htm ref and or to the client service director account director. This depends on the country and on the account s he is working for. In Spain for example, an account executive could probably develop very important campaigns on his her own ... more details
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