Interested to Buy Any Domain ? << Click Here >> for more details...
What is sweep account
- 2 Answers
- 3094 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / m.akram
A sweep account is an account set up at a bank or other financial institution where the funds are automatically managed between a primary cash account and secondary investment accounts.
| Is This Answer Correct ? | 0 Yes | 0 No |
Like FD only,
But its difference from FD,
Sweep a/c whenever Main account balance will low automatically amount will transfer from sweep to Main Bank Account.
We can earn interest from sweep also in day terms.
| Is This Answer Correct ? | 0 Yes | 1 No |
In South Africa , the current rate for value added tax is ?
How can do it TDS in accounts?
how to account pre incorporation expenses
what is service tax & excise? How will it be charged?
what is the journal entry for gas connection taken by company for preparing tea and coffee.
What can go wrong if you have a balance sheet with a lot of debt? What can go wrong if there is negative owner's equity? What does a good cash flow statement look like and why?
sir what is the depreciation and how to calculate depreciation as per company books, i need as per IT ACT, AND Companies Act give me clarification with example
If vendor is deducting TDS amt while paying, how to pass entry inbooks. Will it be TDS recoverable/TDS payable a/c. kindly clarify
What is Double Entry System ?
Who is the sundry creditors
I post Optional Voucher in Tally.ERP in which there is deduction of TDS is applied. But when I convert this voucher as regular voucher the TDS entry have to make again why so
Tell me what are the activities that includes in cash flow statement?
Audit 
