balance account

Related to balance account: Balance Sheet Account, Zero Balance Account
Translations

balance account

n (Fin) → Ausgleichskonto nt
References in periodicals archive ?
0 for the first year for customers who open an account under its zero balance account scheme until September 15, Asian Age reported online.
9 MTD, following the improvement of the food balance account (807 MTD), knowing that the energy deficit has kept the same level as a year earlier.
Kariyil Satheesh Kumar said he considered opening a corporate account two years back but decided against it when he learnt that the bank had rescinded its zero balance account policy.
The new plan deposited a percentage of each employee's pay into a hypothetical cash balance account.
For instance, employees are allowed to deposit bonus payments, parts of the base salary as well as overtime and unused vacation days into a work-life balance account (Kummerle, 2007; Hoff, 2009; vom Feld, 2009).
Patna- based student Mohammed Saddam Hussain, 17, alleged that the local branch of a nationalised bank " simply refused" to open a zero- balance account for him.
Depending on the employee's salary level, the wage increases will be provided as a combination of raises in the base wage rate, payments to the cash balance account that determines monthly pension, and cash bonuses.
Nobody had opened zero balance account, they have put some money in that," he added.
It is a full-service, zero balance account, with zero charges on all digital transactions where customers can earn up to more interest on savings account balances.
Tenders are invited for Accounting assistance to include: reconciliation of certain bank balances to the related general ledger cash and investment balances, including the reconciliation of bank deposit and withdrawal activities to the general ledger transactions postings reconciliation of accounts receivable, accrued liabilities; and accounts payable subsidiary ledgers to the related general ledger balances agreement of interfund payable and receivable general ledger balances reconciliation of fund balance account balances to the corresponding amounts reported in the fiscal year 2015 audited financial statements.
Under the revised benefit formula, a new hire earning $50,000 who gets annual raises averaging 3 percent would wind up with about $5,000 in his or her cash balance account after three years of service -- at least double that under the old formula for a younger new hire.