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control account

   Also found in: Acronyms 0.01 sec.
control account
n
(Economics, Accounting & Finance / Accounting & Book-keeping) Accounting an account to which are posted the debit and credit totals of other accounts, usually in preparation of financial statements
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.control account - an account that shows totals of amounts entered in a subsidiary ledger
general ledger - the ledger that contains all of the financial accounts of a business; contains offsetting debit and credit accounts (including control accounts)
accounting system, method of accounting, accounting - a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts
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Abzorb has also launched its in-house pounds 500,000 Provida IT platform, which includes the ability to monitor and replenish stock levels, control accounts, improve customer relations and care and eventually incorporate Abzorb's billing and provisioning.
Telecom group rings the changes! by Huddersfield Daily Examiner (Huddersfield, England)
In-depth tests by Anglesey County Council's audit section uncovered a catalogue of failure to control accounts with some clubs failing to meet guidelines drawn up by the youth service.
Youth clubs told to tighten up accounts by Daily Post (Liverpool, England)
ENTRE (Exhibit of Noted Trends Review & Evaluation) is developed by risk control account consultants who deliver a customized report to assist prospective commercial lines clients in determining their risk control service needs.
St. Paul Travelers Reaches Milestone In Delivery Of Customized Loss ... by Business Wire
 
 
 
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