Account: Difference between revisions

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1.  
1. ''Banking - noun''.
 
A balance held with a financial institution to facilitate transactions, such as a bank account or securities account.
A balance held with a financial institution to facilitate transactions, such as a bank account or securities account.


2. ''Accounting''.
 
2. ''Bookkeeping - accounting - noun.''
 
A division of a ledger for entries recording related transactions.
A division of a ledger for entries recording related transactions.
3.  ''Verb - record keeping and reporting.''
To maintain financial and other records and to produce appropriate summary reports.
4.  ''Verb - accountability.''
To explain an organisation's actions and omissions, in a formal capacity as a responsible officer or body, accepting accountability.


== See also ==
== See also ==
* [[Account analysis]]
* [[Account positioning]]
* [[Accountability]]
* [[Accounting]]
* [[Accounts]]
* [[Audit]]
* [[Bank account]]
* [[Bank account]]
   
* [[Basic bank account]]
* [[Bookkeeping]]
* [[Capital account]]
* [[Collection account]]
* [[Current account]]
* [[Demand deposit account]]
* [[Deposit account]]
* [[Electronic bank account management]]
* [[Escrow account]]
* [[Idle balance]]
* [[International bank account number]] (IBAN)
* [[Master account]]  = central account = concentration account
* [[Multibank reporting]]
* [[Multicurrency account]]
* [[Nominal Ledger]]
* [[Nostro account]]
* [[Open account]]
* [[Period of account]]
* [[Profit and Loss account]]
* [[Reserves account]]
* [[Security]]
* [[Settlement account]]
* [[Share premium account]]
* [[Signature cards]]
* [[Single legal account pooling]]
* [[Sweep account]]
* [[Transaction balance]]
* [[Trust account]]
* [[Virtual account]]
* [[Vostro account]]
* [[Zero balance account]]


[[Category:Context_of_treasury]]
[[Category:Accounting,_tax_and_regulation]]

Latest revision as of 14:24, 6 July 2022

1. Banking - noun.

A balance held with a financial institution to facilitate transactions, such as a bank account or securities account.


2. Bookkeeping - accounting - noun.

A division of a ledger for entries recording related transactions.


3. Verb - record keeping and reporting.

To maintain financial and other records and to produce appropriate summary reports.


4. Verb - accountability.

To explain an organisation's actions and omissions, in a formal capacity as a responsible officer or body, accepting accountability.


See also