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What are commercial accounts?
Commercial accounts are for businesses as opposed to personal accounts which are for individuals. Commercial accounts may also be used in the context of sales person where his clients may be referred to as commercial accounts. For example someone who sells food to a restaurant would consider the restaurants commercial accounts.
What is the definition of Commercial Papers?
Commercial Paper is a term used in investment circles to mean and unsecured form of short-term debt that is usually issued by corporations. The purpose of Commercial Paper is to finance accounts receivables and short-term liability.
If the neighborhood bank offers a lower rate on commercial accounts than on personalon personal?
If a neighborhood bank offers a lower interest rate on commercial accounts compared to personal accounts, it may be due to the bank's strategy to attract more personal customers or manage risk differently for commercial loans. Commercial accounts often involve larger sums and more complex financial products, which can lead to a different pricing structure. Additionally, the bank may perceive personal accounts as lower risk or more stable, allowing for higher rates. This differentiation can reflect the bank's overall business model and target market.
Chart of accounts is used by accounts receivable or accounts payable?
noneChart of accounts is used for compiling General Ledger and financial accounts by accountants.AR and AP use aged trial balance
What is Compello?
Compello is a company that buys performing and non-performing consumer and commercial accounts. These accounts might be credit cards, loans, current accounts, or any other kind of credit available in the UK.
What is a username and the password for nakedcom?
WikiAnswers does not provide information on creating personal accounts on commercial sites.
What are the different types of accounts in Kenya commercial bank?
am out of the country and would like to open an account
Commercial banks or financial institutions have various types of checking and savings accounts for their customers.?
True!
Services of commercial bank?
Some of the services provided by a commercial bank are: a. Checking/Current account b. Savings accounts c. ATM Cards d. Check Books e. Deposit Accounts f. Loans g. Credit Cards etc
What services does ingdirect.ca offer?
"Ingdirect.ca offers both retail and commercial banking services, including checking and savings accounts, commercial loans, investments and mortgages."
Which sap module is used by accounts payable?
SAP A/P Module is used for Accounts payable.
What facilities are provided by the commercial bank?
Some of the services provided by commercial banks are: a. Checking/Current account b. Savings accounts c. ATM Cards d. Check Books e. Deposit Accounts f. Loans g. Credit Cards etc
