The accounts tag has no wiki summary.
2
votes
1answer
34 views
How to enter members drawings on a balance sheet in a UK LLP
I am writing up the annual accounts for our LLP, and I am unsure where to put the Members drawings on the balance sheet. Should the amount drawn by members be written down as debtors in the Current ...
0
votes
0answers
37 views
Best software to import finances [duplicate]
Possible Duplicate:
What are the best software tools for personal finance?
I'm looking for a tool to manage my personal finances with. I've got various loans, credit cards, a few ...
3
votes
1answer
69 views
Is it possible to place money in an account where I can authorize people to view the balance?
I'm entering a software contest in which the winner will be awarded a sum of money. However, part of the qualifications for winning is that the winner can demonstrate the ability to be able to afford ...
0
votes
1answer
110 views
Sales taxed amount in Accounts Receivable?
When I enter a new invoice for a client, for example $1062.50 ($1000 + MA sales tax) do BOTH Accounts Receivable AND Sales Tax Payable go up by the following?
Accounts Receivable +1062.50
Sales Tax ...
6
votes
2answers
74 views
Other than being able to borrow to invest, how is a margin trading account different from a cash account?
Other than being able to borrow against one's portfolio value to purchase additional investments, how is a typical brokerage margin trading account different from a typical cash trading account?
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8
votes
2answers
1k views
“Savings” account vs. “current” account - what's the difference?
When I draw money in ATMs or open a new account, there's always the choice of either "savings" or "current" account. What's the difference between these two account types?
(This is in Singapore.)
3
votes
1answer
471 views
Money owed to credit cards called “positive balances” or “negative balances”?
Q1) If my Visa credit card has a zero balance and then I charge something on the Visa, do I now have a "positive balance" or a "negative balance"?
Q2) Same question for a utility account like a ...
6
votes
1answer
522 views
How are 401(k), 403(b), and 457(b) tax-advantaged retirement plans different? How are they alike?
How are 401(k), 403(b), and 457(b) tax-deferred retirement plans different? How are they alike?
9
votes
8answers
256 views
How many credit cards is it reasonable to have?
Is there a right number of credit cards to hold? (Please don't say zero :) What would be the excessive number of credit cards, or how else would you judge enough is enough? If I have some cards I do ...
7
votes
3answers
243 views
Should I keep most of my banking, credit, and investment accounts at the same bank?
I have two bank accounts (checking and saving), some credit cards (3), a mortgage, an investment account, and an individual retirement account. Right now all of those accounts except two of the credit ...
