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What is the entire group of accounts maintained by a company called?
Wiki User
∙ 14y ago
General ledger-a collection of all the accounts used by a business that could appear on the financial statements
Wiki User
∙ 14y ago
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What is the term for the entire group of accounts maintained by a business?
general ledger
A lease of an asset for its entire productive life?
Lease which is done for the entire productive life of an asset is called "Capital lease or finance lease".
Accounts Payable Professional?
The term Accounts Payable refers to debt that a business owes. An accounts payable professional is an individual that processes these invoices for payment. Depending on the size of the company, there may be several levels within the accounts payable department. These positions may range from Accounts Payable Clerk up to Accounts Payable Manager. The complexity of the position and skill required will also vary from company to company. For example, a small privately owned business may have one person managing all of their finances. A large corporation, however, may have an entire department dedicated to accounts payable. They may have sophisticated software systems that all payable invoices are entered into. These systems then incorporate the invoices into the company’s financial records. An accounts payable professional is expected to have a basic understanding of debits, credits, cost centers and general ledgers. Customer service skills are also very important for an accounts payable professional. The accounts payable professional will frequently need to work with vendors to answer inquiries about their payments and will also need to prepare account reconciliations when their records do not coincide with the vendor’s. Many large companies operate on a purchase order system or use procurement cards. These are terms that the successful candidate should be familiar with. Finally, someone interested in acquiring a position in accounts payable should have a thorough understanding of commonly used spreadsheet applications. An individual possessing these skills will be well qualified for at least an entry level position. Often, the academic requirement for an entry level accounts payable position is a high school diploma. A Bachelor’s degree in finance, accounting or business may be required for a management position in accounts payable, particularly for a large firm. All businesses have an accounts payable function, regardless of size. That makes this field highly desirable. The average salary range for an account payable clerk is $25,000-$36,000/year. Gaining experience in accounts payable can easily lead to positions in other areas of accounting. It is a field that experience is often valued equally with formal education, particularly for professionals that started in an entry level position and increased their responsibility over time.
Does personal accounting software do more than track banking accounts?
It depends on the software's features. Some programs may allow you to track your money or help you to keep a budget. These programs may allow you to keep track of your entire spending.
If you just paid items on your credit report will they come off your report if you dispute them to credit bureau?
It's difficult to give a specific answer w/o knowing what type of transactions the accounts were. If they were paid in full it will be noted something similar to "paid as agreed." But will remain on the account until closed and the time limit expires. If they were accounts that were in default they would perhaps be noted "satisfied and/or settled". Defaulted accounts will remain for the entire seven years or possibly more if they involved a judgment. Not all accounts are entered (or even have the same information) on all credit reports. Which is why consumers should make it a habit to inspect their credit report a minimum of once a year, preferable every six months.
What is the term for the entire group of accounts maintained by a business?
general ledger
How do you delete the entire mails in Gmail id?
You can delete the entire mails from the Accounts. There is a setting called Accounts in Gmail. There is the last option of deleting all the data.
What is it called when a single company is strong to control an entire industry?
A monopoly
What is it called when a single company is strong enough to control a entire industry?
A monopoly
What is it called when a single company is strong enough control an entire industry?
A monopoly
What is it called when a single company is Strong enough to control entire industry?
A monopoly
What is it called when a strong company is strong enough to control an entire industry?
A monopoly
What is is called when a single company is strong enough to control an entire industry?
A monopoly
What is it called a single company is strong enough to control an entire industry?
A monopoly
What what is it called when a single company Is strong enough to control an entire industry?
A monopoly
Is it called when a single company is strong enough is strong enough to control an entire industry?
A monopoly
The situation in which a single company controls an entire industry is called what?
a trust
