whaT IS THE notional cash pooling
- 3 Answers
- 5862 Views
- Genesis, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / kolluru venkatesh
A cash management technique employed by companies holding funds at financial institutions. Cash pooling allows companies o combine their credit and debit positions in various accounts into one account, and includes techniques like notional cash pooling and cash concentration. Notional cash pooling has the company combine the balances of several accounts in order to limit low balance or transaction fees. Cash concentration or zero balancing has the company physically combining various accounts into one single account.
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / nidheesh
Personal account
Debit the receiver & Credit the giver
real account
Debit what comes in & credit what goes out
nominal account
Debit all expenses and losses & Credit all incomes and gains
| Is This Answer Correct ? | 2 Yes | 5 No |
What is the provision? What is the entry for provision?
Why do you want to be an accountant?
while preparing insolvency account deficiency account is wich account? why we do not prepare it with general rules?
shyam consigned 200000 unit @ rs 5/-each to mr ram and paid freight and insurance amounting to rs 100000.ram spent further following amount: 1) insurance rs 5000 2) godown rent rs 4000 3) clearing rs 6000 2000 unit were damages during transits due to heavy rains. Ram sold 100000 unit @rs 10 per unit . ram realisec solvage value of damage unit rs .2000 ram is get 5% commission on sale determine the abnormal loss?
where is entry done in tally of cheque bounce ???? Journal, Payment, Receipt, Contra
what is upper circuit & what is lower circuit? please guid with an example?
How did you chose your university?
What is the reason for balance sheet not getting talleyed?
if a proprieter farm purchase any software for account what is the general entry ?
In the Manufacturing IF QC reject the material. Then where to record rejected material amount.
Follow up ageing balances of Debtors & Creditors and also Inventory
I TRANSFERRED A STOCK OF RS. 100.00 FROM HEAD OFFICE DELHI TO MFG. UNIT OFFICE AT HARYANA AGST FORM F.AT BRANCH GOODS ARE PROCESSED AND ADDED VALUE OF RS. 80.00 AND TRNF BACK TO DELHI HEAD OFFICE FOR RS. 180.00 AGST FORM F FROM HARYANA . AND HEAD OFFICE SOLD THIS TO PARTY AT RS. 200.00 . I WANT TO KNOW HOW TO MAKE ACCOUNTING ENTRIES IN BOTH BOOKS HEAD OFFICE AND BRANCH OFFICE. TO SETTEL ACCOUNT AND TO CONSOLIDATE THE BOOKS AT THE END OF YEAR.
Audit 
