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What do you mean by folio charges?
Folio charges or service charges are account maintenance fees. Folio charges are usually charged to customers of a financial institution on an annual basis.
How can online banking be done with BBandT?
You can contact BB&T to set up online banking or you can sign up online. They have several options to help you with your online banking needs. The website is easy to use, it can help you maintain your account, your able to view all of your charges and make sure your account is secure. Online banking has come a long way.
What is folio charges?
The total number of debit transactions permitted in all such accounts put together will be limited to 90 per half-year. When number of transactions is more than the maximum stipulated, a service charge of Rs. 2.25/- (inclusive of GST) will be levied for each transaction in excess of 90 transactions.
How is subsidiary ledger different to the general ledger?
A subsidiary ledger is a group of similar accounts whose combined balances equal the balance in a specific general ledger account. The general ledger account that summarizes a subsidiary ledger's account balances is called a control account or master account. For example, an accounts receivable subsidiary ledger (customers' subsidiary ledger) includes a separate account for each customer who makes credit purchases. The combined balance of every account in this subsidiary ledger equals the balance of accounts receivable in the general ledger. Posting a debit or credit to a subsidiary ledger account and also to a general ledger control account does not violate the rule that total debit and credit entries must balance because subsidiary ledger accounts are not part of the general ledger; they are supplemental accounts that provide the detail to support the balance in a control account.
What you meant by Self balancing system?
when separate ledgers are maintained for trade debtors and trade creditors ,the debit and credit aspect of certain transactions will note appear in the same ledger Eg: in case of credit sales ,the credit aspect (Sales account) will appear in general ledger whereas the debit aspect (personal account of debtor)will appear in debtors ledger .Take another Eg.like cash discount allowed by a creditor .The credit aspect (personal account of the creditor )will appear in creditors ledger .Thus no ledger is self balancing and it is not possible to prepare a separate trial balance for each ledger .Hence in ,in order to make each ledger self -balancing it is necessary that the corresponding debit and credit aspects are fully "adjustment accounts " in each ledger . the adjustment account helps in completing the double entry in each ledger and making it self balancing . The adjustment account opens in various ledgers are; 1 ) general ledger adjustment account(in debtors ledger) 2 ) general ledger adjustment account(in creditors ledger) 3 ) debtors ledger adjustment account (in general ledger) 4 ) creditors ledger adjustment account (in general ledger)
What do you mean by folio charges?
Folio charges or service charges are account maintenance fees. Folio charges are usually charged to customers of a financial institution on an annual basis.
Icici bank account ledger folio number?
edger account
What is ledger folio number?
Manner of referring in a journal or ledger to the origination or disposition of the item. For example, if in the cash disbursements journal a debit was made to rent expense having the account number 523, then the number 523 would be put in the folio reference column of the journal.
What is the balance in your pf account ledger folio number 1774?
please how to get my provident fund amount from pf office
What is the difference between a balance ledger and cash available for withdrawal?
The best answer I have found for this is that the ledger balance shows how much money of yours is actually within your account, even if some of it is about to be sent for payments of checks and charges and the like. The available balance is the rest, the money in your account not about to be used to pay any charges and is immediately available for withdrawal. Source: http://www.bangkokbank.com/Bangkok+Bank/Personal+Banking/Internet+Banking/FAQ/Virtual+Bank+Accounts.htm#2
What does Bank charges mean?
what does banking charges mean
When is a guest folio created?
A guest folio is typically created when a guest checks into a hotel. It serves as a record of the guest's charges, payments, and stay information. The folio is used to keep track of all transactions and services related to the guest's stay at the property.
Who does ledger to ledger transfer?
Ledger to ledger bank transfer refers to old-fashioned banking phrase used to describe transfer of money between accounts in a financial institution. This ledger transfer is a very important since it provides for automatic money transfers into savings accounts.
What is folio number?
Manner of referring in a journal or ledger to the origination or disposition of the item. For example, if in the cash disbursements journal a debit was made to rent expense having the account number 523, then the number 523 would be put in the folio reference column of the journal.
How do you record bank charges in tally 9?
create bank charges ledger under expenses....n make a entry.
What is an antonym for folio?
An antonym for "folio" could be "compact" or "small."
What is meant by sundry charges?
Miscellaneous small or infrequent costs that are not assigned to individual ledger accounts but are classified as a group.
