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DDA=Demand Deposit Account....(ex, checking account, savings account, etc) GL=General Ledger.... Credit=Positive Entry, Entry going -in-, opposite of debit....

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16y ago

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What is the difference between dda or gl account type?

DDA (Demand Deposit Account) and GL (General Ledger) account types serve different purposes in finance. A DDA is a type of bank account that allows for the easy withdrawal and deposit of funds, typically used for daily transactions. In contrast, a GL account is a record in accounting that summarizes all transactions of a specific type, helping businesses track financial performance and maintain accurate financial records. Essentially, DDAs are for managing liquid funds, while GL accounts are for accounting and reporting purposes.


What does dda credit mean?

It Means That You Account Has Been In Overdaft For So Long That The Bank Has Written It Off So There For You Dont Owe Any Money


What does happys newydd dda welsh mean?

Happys is not Welsh, hapus is 'happy', Newydd means 'new' Dda mean 'good/well'


What does visa dda pur mean?

I believe it stands for VISA Direct Debit Authorization, you usually will see this on your statement after making a credit purchase with a Visa Debit Card.


What does dda mean in ATM transfer to dda number?

DDA stands for demand deposit account. It is a bank account in which you can deposit and withdraw money. A form of a demand deposit account is a checking account.


What does debit DDA mean?

DDA stands for Demand Deposit Account. It is your deposit account. A term used widely in payments industry


What does DDA mean on a financial statement?

Downtown Development Authority


What does GL mean on RuneScape?

GL means good luck.


What does chwaer yn dda iawn mean?

your sister is very good lol


What is simple dda?

DDA stands for Digital Differential Analyzer. With that in mind, simple DDA just means that it is simplified.


What does GL mean on a computer acronym?

GL stands for Graphics Library.


How do you find your dda number?

were is the dda number on a check