What Does An Inactive Account In Qb Mean
If you make an account with a balance inactive, QuickBooks creates a journal entry. This moves the remaining balance to another account. Your existing transactions don’t disappear and stay on
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What Does An External Bank Account Mean
External Bank Account means an account in your name at a financial institution from or to which you intend to transfer Fiat Currency. What does adding an external account mean?
Quick Answer: What Does An Aol Account Mean
What are AOL accounts? Your AOL username is the unique identity that gives you access to services like AOL Mail or premium services. For AOL email addresses, your username is
What Does An Accounting Hold Mean
An account hold is a restriction on an account owner’s ability to access funds in the account due to various reasons. When a bank places an account on hold, it
What Does An Account With Activision Mean
Activision accounts offer exclusive rewards and give you access to the latest intel to enhance your gameplay. If you do not have an Activision account, you can create a free
Quick Answer: What Does An Account Designation Mean
Account designation is a term used when talking about a beneficiary of a bank account. When an individual with a bank account dies, the account designation is the form that
What Does Amortizing Mean In Accounting
Amortization is an accounting technique used to periodically lower the book value of a loan or an intangible asset over a set period of time. Concerning a loan, amortization focuses
Question: What Does Amalgamation Means In Accounting
An amalgamation is a combination of two or more companies into a new entity. Amalgamation is distinct from a merger because neither company involved survives as a legal entity. Instead,
Question: What Does Alocated Mean In Accounting
An allocation is the process of shifting overhead costs to cost objects, using a rational basis of allotment. Allocations are most commonly used to assign costs to produced goods, which
Quick Answer: What Does Allocated Cost Mean In Accounting
Cost allocation is the distribution of one cost across multiple entities, business units, or cost centers. An example is when health insurance premiums are paid by the main corporate office