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What does it mean to pay property taxes in arrears?
Payment of property taxes in arrears means that the taxes are actually assessed, or considered payable and due, when the year that they cover is past or almost over. An example of this is if your taxes are due/payable in October but the taxes are for the period of January to December of the same year.
An open accounts payable report will show?
monthly reconciliation
What is the definition of arrears as per the accounting book?
In accounting, 'arrears' refers to debt that is overdue. For example, if someone were making monthly child support payments and skipped a month but paid the rest, the skipped payment would be considered 'arrears'.
What does the it mean when a job offer letter contains the following phrase - salary of 2600 is payable in arrears?
It means that it will be paid at then end of a pay period, rather than in advance. For instance if you are paid every Friday, then in arrears means that your pay this Friday was for the work week prior rather than the work week coming.
What is the report that shows the money owed to vendors called accounts receivable report monthly payments will statement Accounts Payable aging report or balance sheet?
Accounts payable
What does it mean to pay property taxes in arrears?
Payment of property taxes in arrears means that the taxes are actually assessed, or considered payable and due, when the year that they cover is past or almost over. An example of this is if your taxes are due/payable in October but the taxes are for the period of January to December of the same year.
Court ordered child support is in arrears. child quit college. what happens to the unpaid arrears amount?
It's payable and collectible.
An open accounts payable report will show?
monthly reconciliation
Are veterans benefits paid in advance or arrears?
Arrears
What is the definition of arrears as per the accounting book?
In accounting, 'arrears' refers to debt that is overdue. For example, if someone were making monthly child support payments and skipped a month but paid the rest, the skipped payment would be considered 'arrears'.
What does the it mean when a job offer letter contains the following phrase - salary of 2600 is payable in arrears?
It means that it will be paid at then end of a pay period, rather than in advance. For instance if you are paid every Friday, then in arrears means that your pay this Friday was for the work week prior rather than the work week coming.
In real estate what does in arrears mean?
Arrears refers to the state of being behind in payments. That could mean there are arrears in the mortgage payments, real estate taxes, municipal charges or rents.
What is mean by payable and outstanding payable?
Those expenses have to pay pay
What is the report that shows the money owed to vendors called accounts receivable report monthly payments will statement Accounts Payable aging report or balance sheet?
Accounts payable
How do you say payable every second week in one word?
If something is payable every second week of the month, the proper term to be used is bi-weekly. If something is only payable twice a month, it would be labeled semi-monthly.
What is a deferred rent payable?
Deferred rent payable is the sum of the difference between a monthly rent payment and the monthly rent expense of an operating lease that contains escalated payments in future periods. The rent expense is the sum of all rent payments over the term of the lease divided by the number of periods contained in the lease otherwise known as straight-line amortization. This rent expense amount can/may differ from the monthly rent payments. The difference is deferred rent payable.
What is deferred rent payable?
Deferred rent payable is the sum of the difference between a monthly rent payment and the monthly rent expense of an operating lease that contains escalated payments in future periods. The rent expense is the sum of all rent payments over the term of the lease divided by the number of periods contained in the lease otherwise known as straight-line amortization. This rent expense amount can/may differ from the monthly rent payments. The difference is deferred rent payable.
