0
What else can I help you with?
What does a bookeeper do?
A bookkeeper keeps track of a business or persons financial records. They maintain records for money received and expenses. They balance the bank accounts.
How do you collect owed money from someone?
how do i collect money owed to me from someone in canada
How to decrese accounts payables time?
Accounts payable are used to record money that is owed by a company to another entity, bank, vendor, service provider, etc. Account payable is also used for money owed that will be paid off in a short period of time, less than a year. Arrangements for payment is usually made by the company and the entity that the money is owed to at the time of the transaction. To shorten this time, pay the balance due.
Why is the balance as per bank statement on the bank reconciliation statement a credit if its a favorable balance but in the bank account the credit means you owe the bank money?
The Debit and Credit on a bank statement reflect the Bank's accounting records, not yours. So when you deposit money into your account, the bank owes you that money to you - it is a liability for them, therefore a credit entry. Similarly, if they charge you a bank fee, it reduces their liability to you, so they would Debit your account (on their books) and Credit an Income account.
Are bank reconciliations used in account payable?
No, bank reconciliation statement is a form you use to adjust the bank books for a company, in many ways it's the same as balancing your bank book at home. Bank Reconciliation is used to make your books match with the bank statement and vice versa. Accounts payable are Liability accounts, money owed to another company or person.
You have to see finance statement of tractor?
registration book of the tractor if money is owed on it then the bank probably have it also get your bank or insurance co to check out the registration of the tractor to see if money is owed for it
What is bank loan?
A bank loan is money that is owed to a lending institution. This can be, for example, a bank or a credit union.
Can bank levy accounts when money is owed to same bank?
Yes, look over your paperwork for the section on "Right to Setoff"
If you owe insufficient funds to one bank can they garnish fund from another bank?
only if you have owed that bank for a long period of time then yes they can but if u just recently owed the bank money then no. also if you have insufficient funds with a bank and you go open another account with a different bank then your old bank will see and get the money from the account you just recently opened to pay off what you owe with them.
Is it correct that if you surrender your car unwillingly in Wyoming the bank can't try to collect money owed?
NO.
What happens to your mortgage when your bank closes?
Your (previous) bank's assets are transferred to another institution. Your mortgage is considered an asset. It is money owed and part of accounts collectible. Someone somewhere will now hold the note, and you'll owe them like you owed your bank.
debt?
a sum of money that is owed or due.
Can a landlord have a bank account frozen when a tenant vacates the property and owes money?
No a landlord can not have a bank account frozen. The landlord must file a suit in court to get back any money owed to them.
Who to contact about money owed you from your pension money that was owed you?
The company that owes you the money.
Is probate needed if home value is less than owed to bank?
You would want to go through probate. That will prevent the bank from trying to collect money from the heirs.
Can a bank take money that they say you owed them over 8 years ago without informing you first?
Yes they can, it's called "right of offset." There are limits to what a bank can do, but for the most part, if you owe them money they have the right.
Can a child stop past due child support?
No. That money is owed to the child's custodial parent.No. That money is owed to the child's custodial parent.No. That money is owed to the child's custodial parent.No. That money is owed to the child's custodial parent.
