Discover how escrow accounts reduce risk and ensure smoother closings in business deals across industries – including manufacturing, logistics, and distribution. When it comes to selling or acquiring ...

According to Visa’s official documentation, Account Funding Transactions (AFTs) is a transaction type used to withdraw funds from a Visa or Mastercard account for the purpose of funding another ...

QuickBooks accounting software takes much of the mystery out of managing your company's financial data. Many tasks that traditionally required the use of a full-time accountant take less time since ...

In finance and investments, account activity refers to the transactions made in a particular brokerage or bank account. These include cash withdrawals, bill payments, wire transfers, and other such ...

A concentration account aggregates funds from various accounts into one to enhance cash management efficiency. Learn its purpose, benefits, and precautions against misuse.

A pending transaction means funds in your account are earmarked and authorized for a specific transaction. However, the transaction isn’t yet fully processed or posted to your account. Read Next: 5 ...

The accuracy of your financial statements depends on correct analysis and accounting of your business transactions. You can enter any transaction into your accounting system correctly by answering ...

Log into the eAccounts Portal or eAccounts mobile app to check your balance and view activity, including date, location and transaction amount. Users can also ...

Your savings account meets your monthly needs: salary, bills, EMIs, or sometimes transferring or receiving money. All this seems normal, but now the Income Tax Department is keeping a close eye on ...