whaT IS THE notional cash pooling

Question Posted / zaheer

3 Answers
6851 Views
Genesis, I also Faced
E-Mail Answers

Answers were Sorted based on User's Feedback

whaT IS THE notional cash pooling ..

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

whaT IS THE notional cash pooling ..

Answer / csg

Looking for answer ????

Is This Answer Correct ?

1 Yes

0 No

whaT IS THE notional cash pooling ..

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

Post New Answer

More Accounting General Interview Questions

sir ,can effect on wbs element after wbs selected in t code : FBCJ for cash receipt?

0 Answers ABC, Concor,

what is meant by banling reconcillation statement?

1 Answers Genpact,

how to calculate closing stock...? include direct exp or not...

2 Answers

how will be the entry of service tax on freight?

2 Answers Polar,

What is the difference for calculation Depreciation as pert Companies Act and Income Tax

1 Answers

WHAT IS RTGS

7 Answers Capital IQ,

Please explain the difference between provision and reserve?

0 Answers

Difference between Journal and Journal Proper???

1 Answers

Your marketing company has been working on a consulting project for a client. Your team has worked on the project for two months, and it is now year-end. The project will be completed by February of the next year, and the client has not yet been billed. For the financial statement, how should project be classified?Should the costs associated with an uncompleted consulting project be classified as a work-in-process asset on the balance sheet or should the cost be expensed on the income statement as a part of the doing business?why?

2 Answers

what is the journal entry for accumulated depreciation?

4 Answers Core Logic,

Explain me what is tally accounting?

0 Answers

1.what is the entry of petrol of payment made by credit card of owner? 2.what is the entry of petrol of payment made by credit card of Company?

0 Answers

For more Accounting General Interview Questions Click Here