transactions

How has 2008 been? For most having another 6 transactions could mean the different between staying in real estate or having to get a job, probably the job we left real estate for. So how do we make sure that 2009 is different than 2008? We start by doing things a little bit differently and [...]

Stabilising the property market is critical to restoring confidence in both consumers and banks/building societies. One simple way to help achieve that would be a temporary suspension of all stamp duty. The following article I wrote for the Your Money section of Saturday’s Telegraph explains why I think this is a no brainer for today’s Pre Budget Report. We will find out later how Mr Darling

Program SAPMF05A occurs in the following transactions:Transaction code - (Screen number) - TextABAD - (0100) - Asset retirement, sale to customerABF1 - (0100) - Post documentABZK - (0100) - Asset acquisition, purchase from vendorABZV - (0122) - Asset acquisition to clearing accountF-01 - (01009 - Enter sample documentF-02 - (0100) - Enter G/L account postingF-03 - (0131) - G/L account clearingF-04

Here is a list of most important SAP transactions while working with ABAP:/h - switch on the debugging modeSU53 - check user authorizationsSE11 - ABAP DictionarySE37 - ABAP Function builderSE38 - ABAP EditorSE41 - Menü PainterSE51 - Screen PainterSE80 - Object NavigatorSE81 - Application hierarchySE93 - Display / Create transaction codeSE95 - Modification BrowserSE09 - View Development Class

Accounting is the quantity of dimension of monetary dealings which are transfers of officially authorized property privileges completed under contractual associations. Non-financial transactions are distinctively debarred due to conservatism and materiality philosophy. Secretarial is also known as accounting. The modern accounting is the process of identifying, measuring and communicating economic

An answer put online today talks about the court being able to `examine transactions` of the bankrupt person. What does this mean? Thank you. Posted from: Ontario

New TowerGroup Research Examines Obstacles to Success of Alternate Payment Mechanism NEEDHAM, Mass., Sept. 11 /PRNewswire/ — In the mid-1990s, [...]

Evolution Version 5 now has a quick date range selection found top right of the Customer Enquiries screen that wasn’t in prior versions. By default after upgrade, this is set to today’s date from and to. Hence the screen display will only show today’s transactions. If there are no transactions for the day, the screen will [...]

I am not a votary of transcations but circumstances forced me to make some changes in my portfolio.Throughout these month and most importantly in the last few trading sessions I exited few counters and made good use of that cash by ploughing the same in some companies.Here is all about it:- Scrips sold in october:- 1)Vishal information 2)Glory poly 3)Shristi infra 4)Hind unilever 5)Bang overseas

In real estate, one of the most beneficial forms of property transactions is the 1031 exchange. In a 1031 exchange, you are allowed to buy property similar to the property that you have just sold off, and you do not have to pay taxes on this transaction in that year. By deferring payment on taxes, you gain [...]

That's great. The first issue of IEEE Transactions on Learning Technologies is online (IEEE TRANSACTIONS ON LEARNING TECHNOLOGIES, VOL. 1, NO. 1, JANUARY-MARCH 2008). This special issue with the best and extended papers of EC-TEL 2007 was edited by Erik Duval and me. We wrote an introduction to the special issue which can be downloaded for free. This is from the introduction:Our thanks go to all o

EREGEX englishView SlideShare presentation or Upload your own. (tags: eregex sealed)

The Royal Bank of Canada is trialling a service that lets customers send and receive money instantly using text messages. More from Finextra.Lloyds TSB customers can also use their phone to transfer funds between Lloyds TSB accounts, as well as set up SMS warnings.

Florida Statute 193.1556 requires that any changes regarding a person or entity owning real property under Florida Statute 193.1554 or Florida Statute 193.1555 are reported to the property appraiser. This may affect some Florida Enhanced Life Estate Deeds. Under Florida...

A new tax enforcement measure that seems to target small businesses will require debit and credit-card payment processors to report to the IRS on the receipts being collected by their customers.

 Support of 2-phase-commit within onecontainer/across containers

Making Adjustment Postings for Other Transactions Use You follow this procedure if you want to make an adjustment posting that does not fall into any of the other categories of adjustment offered by this function. You can only use an external document as your reference document. Procedure From the SAP Easy Access screen, choose Indirect Taxes ® Excise JV ® Create ® Other adj. Ent

Nothing much happening dis week except for some more contract negotiations, and minor contract signings. Oh, Josh Childress leaves Atlanta for a Greek team. Lets just look at teams that have made significant changes/addition to their team in hopes to  solidify their rosters.

HDB's 2nd Quarter 2008 Public Housing Data shows that the HDB resales market remains strong. Resale Price Index (RPI) up 4.5% compared to the 3.7% increase for the previous Quarter of 2008. The strong demand for HDB flats was reflected in the rise in resale transactions, from about 6,360 cases in Q1 '08 to about 7,760 cases, an increase by about 22%; and subletting transactions increase of about 1

Autonomous transactions are the processes run independently of its parent. By means of Autonomous Transaction, the current transaction can be temporarily suspended and another operation can be begun. The basic idea behind this is to have some operation take place independently of the current transaction.Ex:- to allow error messages written to table to be committed but to rollback everything else

Ron Paul, youtube.com July 24, 2008 Texas Congressman Ron Paul (R) explains how the recent massive bailout - a nationalisation, in effect - approved by the US Congress for juggernaut mortgage firms Fannie Mae and Freddie Mac merely exacerbates a worsening financial crises - and expands the police state besides, with a clause requiring all credit card [...]

Just a day ago, I was wondering how many active transaction are currently in my database. I found following DMV very useful - very simple and to the point. Following SQL will return currently active transaction. SELECT * FROM sys.dm_tran_session_transactions Reference : Pinal Dave ()

Credit crunch and economic uncertainty have taken their toll on the global property market, with transaction volumes falling by 46 per cent in the first quarter, according to a property report. Investment throughout Asia and other emerging markets continued to grow, as sales of major commercial properties globally totalled $154 billion (Dh565bn) in first quarter against [...]

LINKTerms:$100 offer valid on new personal checking accounts only. Payment will be made 60 days after account opening. See bank for details. Member FDIC. FreeMoneyLove.com - Fall in love with free money and 0% credit sign-up bonuses from US credit cards

With the rapid advent of Internet doing business online has become quite popular today. But it becomes quite essential for all the online businesses to carry transactions online with the customers. In order to carry online transactions a wide amount of choices are available to the businessmen and the internet users. But a very reliable and popularly used media for conducting online transactions is

Help stop this legislation! Hidden deep in the Senate housing legislation is a sweeping provision inserted by Senator Charles Grassley (R-IA) that affects the privacy and operation of nearly all of America’s small businesses. There is a good chance that we can still stop this, but not without everyone’s help. read more | digg story

It is very important to protect you with online financial transactions. These tips would help you to be safe with online deals.Check financial websites you intend to use carefully. Make sure that the address is correct. It should not consist of only numbers if it is a valid website. Type in the web address yourself rather than clicking through on a link. This should help you avoid being diverted t

Hello, I was hoping to file a consumer proposal in the new year but may have to file sooner, rather than later. Last month, I used my credit card for a trip. Will this transaction be questioned through a consumer proposal and would it affect my applicatoin? I`ve read on here that [...]

Electronic payment is a relatively new phenomenon in Nigeria. Most transactions in the country are done with cash. This is because cash remains the preferred medium for payment in the country. Poor awareness of e-payment solutions, ignorance, poor banking culture, lack of trust, illiteracy and the love for the status quo have been fingered as responsible for the high volume of cash transactions in

Bay Bank, to Parks, Jason, 12210 & 12212 N.E. 39th St., Vancouver, 98682, Duplex, $366,600, 5/12/2008. Bond, Kenneth, to Naleway, Roch, 1907-1909 Broadway, Vancouver, 98660, Duplex, $314,200, 5/23/2008. Seekins, Sharon, to Miller, Nancy, 611-613 S.E. 131st Court, Vancouver, 98683, Duplex, $235,000, 5/1/2008. Dillard, Jeff, to Mason, Edward, 10605 & 10607 N.E. Seventh St, Vancouver, 98664,

It looks like the Democrats decided to go a bit too far this time, trying to slip in some last minute provisions into the mortgage bailout bill that had absolutely nothing to do with mortgages. Here is just a taste, but check out the rest of the story at the link below: “This is a provision [...]

With the burgeoning growth of the online market, security and reliability come as a major concern. To attract and retain potential online market share, EBay Inc. will strengthen PayPal's Anti-Fraud Provisions as extra protection for its online traders when making transactions on eBay's Internet marketplaces.EBay executives said on Thursday at the company's annual user conference that buyers who pa

Singapore Public housing transactions not as high as 6 months ago By Valarie Tan,  SINGAPORE : There is no slowdown in the public housing market, but National Development Minister Mah Bow Tan has said the number of transactions may not be as high as six months ago, as the market is now more balanced with an adequate [...]

What brings the concept into the modern age, says Nick Barac from BBX's Melbourne office, is the fact that BBX successfully listed on the ASX in August 2005, to become the only publicly listed barter exchange manager in the world (listed on a main board). With more than 6000 member businesses in Australia and New Zealand, the global BBX membership runs to more than 300,000. "It is a membershi

Making Adjustment Postings for Other TransactionsUseYou follow this procedure if you want to make an adjustment posting that does not fall into any of the other categories of adjustment offered by this function. You can only use an external document as your reference document.Procedure 1. From the SAP Easy Access screen, choose Indirect Taxes ® Excise JV ® Create ® Other adj. 2. Enter data as

We did the walk thru yesterday at my 1400 Manzanita listing. I met the buyer for the first time, and she raised an interesting point. I’m paraphrasing a little but basically she said: “I’ve been reading VeryVintageVegas regularly, and YOU SCARED ME TO DEATH with the horror stories of some of the recent closings that you’ve [...]

By: Parveen Kumar How long should a business plan be? A business plan needs to be whatever length is required to excite the investor, prove that management truly understands the market, and detail the execution strategy. From surveys of investor needs, Growthink has found that 15 to 25 pages of text is the optimum length in which to accomplish this. Anymore and the time-constrained investor will b

The Ministry of Finance announced that the trading market of public corporate shares has been completed. Among 40 public companies selected for the first transaction phase, 11 registered to join. After that, the second and third selections will take place in the last two quarters of this year. Commodities for the... [[ This is a content summary only. Visit my website for full links, other conten

The Hanoi Securities Trading Center (HaSTC) today May 29 still kept decreasing impetus on the stock market by falling another 0.56 points or 0.46% to end at 120.72 pts with the total market trade of 3,060,600 shares worth nearly 75 billion dong. Amongst 137 listed shares on the northern bourse, the stock market... [[ This is a content summary only. Visit my website for full links, other content,

The number of property transactions in Chennai and its immediate neighbouring districts has come down by 10 to 15 per cent in 2007-08.In 2006-07, the three zones within the city registered about 3.7 lakh documents and netted about Rs.1,384 crore in terms of registration charges and stamp duty. Of these transactions, about 80 per cent was property related. The second half of 2007-08 witnessed a slo

I know a few posts ago I wrote there was no effect on your discount rate whether you enter the CVV2 code or not.  That is true for Visa and MasterCard but does not appear to be the case with keyed in Discover Card transactions.  I just reviewed a Discover statement for a mail order [...]

Even though most of the banks provide banking and fund transferring facilities through internet, cheques(or check - USA) are most preferred ways of making and assuring payments. Cheques are very... read more at >>

Co issues the following statement in response to the announcement by Microsoft (MSFT) that it is continuing to review potential transactions with Yahoo!: “Yahoo! has confirmed with Microsoft that it is not interested in pursuing an acquisition of all of Yahoo! at this time. Yahoo! and its Board of Directors continue to consider a number [...]

Being responsible about your paper usage and paper purchasing is not just about saving trees.  In my past series outlining the use of electronic signatures (One of my first posts-please be kind) made a dramatic impact on the amount of paper waste during the loan process for myself and colleagues. The next step to reduce [...]

A top Oil Ministry official says Iran, OPEC's second-largest producer, has completely stopped conducting all its oil transactions in U.S. dollars.Iran has dramatically reduced dependence on the dollar over the past year in the face of increasing U.S. pressure on its financial system and the fall in the value of the American currency.Read MoreLiberty Central- Conservatism's Blog of Choice

In response to accusations it was interfering in Iraq and developing a nuclear program, Iran has decided to stop pricing its oil transactions in dollars. Instead, Iran, the world's second largest oil producer, will stick to euros and the yen.In the last year, Iran has reduced its foreign reserves in dollars at the same time the US has made it more difficult for Iran to conduct transactions in dollars. Iran's president Ahmadinejad called it "a worthless piece of paper" last year.Iran has been unable to convince oil-producing US allies like Saudi Arabia to dump the dollar. Iran has been pressuring other OPEC members to follow its recent action. Source: edition.cnn.com

A great time saver in Cougar Mountain is the ability to create Recurring transactions in most of the modules.  A recurring transaction is one that can be used over and over, without having to reenter the information each time.  Each of the modules are a little different in how they are set up, but basically [...]

Business Times - 26 Apr 2008 HDB resale transactions decline 6% in Q1 Median COV was $21,000, compared to $22,000 in Q407 By EMILYN YAP TRANSACTIONS of resale HDB flats fell 6 per cent from the fourth quarter of 2007 to 6,360 in Q1 this year, against the backdrop of rising asking prices and high cash-over-valuation (COV) demands.'With escalating resale prices and more and more COV transactions, we saw the resale market hit resistance in Q4 last year as HDB flat buyers do not have or are not willing to part with so much cash,' said property agency ERA's assistant vice-president Eugene Lim. 'This resistance carried through to the first quarter this year.'In Q4 2007, a total of 6,750 resale flats changed hands, which was itself a 13 per cent drop from Q3 2007. HDB's resale price index rose 3.

Gold prices have continuously fallen over the past three days. Domestic gold was traded at VND17.7-17.8 million per tael on April 25, dropping by VND200,000 per tael compared to transactions on April 24. SJC gold at the Hanoi branch of Saigon Jewelry Holding Company stood at VND17.7-17.78 million per tael in the morning, then the price fell to VND17.67-17.75 million per tael at 2.30 pm the same

Singapore HDB resale transactions decline 6% in Q1 Median COV was $21,000, compared to $22,000 in Q407 By EMILYN YAP TRANSACTIONS of resale HDB flats fell 6 per cent from the fourth quarter of 2007 to 6,360 in Q1 this year, against the backdrop of rising asking prices and high cash-over-valuation (COV) demands.     ‘With escalating resale prices and more [...]

Previously, we talked about the preparation of the affidavit for court and the importance it has on judicial approval. (...)

Making Adjustment Postings for Other Transactions Use You follow this procedure if you want to make an adjustment posting that does not fall into any of the other categories of adjustment offered by this function. You can only use an external document as your reference document. Procedure From the SAP Easy Access screen, choose Indirect Taxes ® Excise JV ® Create ® Other adj. Enter data as required, including: Document number Enter the number of the external document that you want to refer to. CENVAT account selection group box Specify which account is affected by the adjustment posting is for. If the posting does not have to be remitted immediately, select Fortnightly payment. Choose . The system displays the information from the material document. Ad

Press Release - Desperate attempt of Pune real estate brokers - agents or a fact?According to broker Raju Punjabi, Astitva Real-estates," The investor has almost entirely exited the Pune market and the residential sector is now driven by the serious end user." Since the residential property is available for sale at high capital costs and there is a wide gap between monthly EMI and monthly rent, the end user is moving towards the affordable rental option."The monthly rental of a 2BHK flat:A 2BHK apartment is the maximum transacted residential property in Pune and is currently fetching a monthly rental of Rs 15,000 in posh localities such as Koregaon Park and Kalyani Nagar. Kalyani Nagar due to its well laid out social infrastructure, good ambience and quality of life is in great demand by I

FGRP Report Writer screenFM12 View blocked documents by userFST2 Insert language specific name for G/L account.FST3 Display G/L account name.KEA0 Maintain operating concern.KEKE Activate CO-PA.KEKK Assign operating concern.KL04 Delete activity type.KS04 Delete a cost centre.KSH2 Change cost centre group - delete.OBR2 Deletion program for customers, vendors, G/L accounts.OKC5 Cost element/cost element group deletion.OKE1 Delete transaction data.OKE2 Delete a profit centre.OKI1 Determine Activity Number: Activity Types (Assignment of material number/service to activity type)OMZ1 Definition of partner roles.OMZ2 Language dependent key reassignment for partner roles.1KEL Create Profit Center doumentF.01 ABAP/4 Report: Balance SheetF.02 Compact JournalF.08 G/L account balance(W

SO00 send a note through SAP, can be sent to internet, X400, etcSAP Class vs. interface OOPS ABAPA easy Reference for SAP ABAP ALV grid ControlObject Oriented ABAP-Local and Global Classes OOPS...Standard SAP Reports NamesSAP Plant Maintenance (PM) Transaction TCodesSAP Production Planning(PP) Transactions TCodesSAP BASIS/ABAP Transactions TCodesSAP Human Resources HR Transactions TCodesSAP Sales and Distribution (SD) Transactions TCode...SAP Office Transactions TCodesSAP FI Financial Management Transactions TCodesSAP MM configuration transactions TCodesSAP Configuration Related Transactions TCODES

OLSD Config for SD. Use Tools-Data Transfer-Conditions to setup SAP supplied BDC to load pricing dataV101 Sales Initial ScreenVA07 Comparison of sales order with PR and PO ,compares date ,quantity etcVD01-VD03 Create/change/display Customer : Sales AreaFD01-FD03 Create/change/display Customer : AccountingXD01-XD03 Createchange/display Customer : Company Code and Sales AreaVL01-VL03 Delivery maintananceVF01-VF03 billing maintananceVA01-VA03 Create/change/display Sales OrderVA21-VA23 Create/change/display QuotationVA11-VA13 Create/change/display InquiryVA41-VA43 Create/change/display ContractMR01 Process Incoming InvoiceTVTY Packaging Material TypesVB21 Transaction for Volume Lease Purchases (done as a sales deal)VK15 Transaction used to enter multiple sales conditions (most will be enter

PA03 Change Payroll control recordPA20 Display PA InfotypesPA30 Create/Change PA InfotypesPP02 Quick Entry for PD object creationPU00 Delete PA infotypes for an employee. Will not be able to delete an infotype if there is cluster data assigned to the employee.SAP Class vs. interface OOPS ABAPA easy Reference for SAP ABAP ALV grid ControlObject Oriented ABAP-Local and Global Classes OOPS...Standard SAP Reports NamesSAP Plant Maintenance (PM) Transaction TCodesSAP Production Planning(PP) Transactions TCodesSAP BASIS/ABAP Transactions TCodesSAP Human Resources HR Transactions TCodesSAP Sales and Distribution (SD) Transactions TCode...SAP Office Transactions TCodesSAP FI Financial Management Transactions TCodesSAP MM configuration transactions TCodesSAP Configuration Related Transactions T

SEARCH_SAP_MENU Show the menu path to use to execute a given tcode. You can search by transaction code or menu text.DI02 ABAP/4 Repository Information System: Tables.LSMW Legacy System Migration Workbench. An addon available from SAP that can make data converstion a lot easier. Thanks to Serge Desland for this one.OSS1 SAP Online Service SystemOY19 Compare TablesSM13 Update monitor. Will show update tasks status. Very useful to determine why an update failed.S001 ABAP Development WorkbenchS001 ABAP/4 Development Weorkbench.S002 System Administration.SA38 Execute a program.SCAT Computer Aided Test ToolSCU0 Compare TablesSE01 Old Transport & Corrections screenSE03 Groups together most of the tools that you need for doing transports. In total, more than 20 tools can be reached

C001 Create Production OrderC005N Collective ReleaseC011N Time TicketC012 Confirmation - CollectiveC013 Confirmation - CancelC00IS Production order information systemC0GI Reprocess Goods MovementsC223 Maintain production versionSAP Class vs. interface OOPS ABAPA easy Reference for SAP ABAP ALV grid ControlObject Oriented ABAP-Local and Global Classes OOPS...Standard SAP Reports NamesSAP Plant Maintenance (PM) Transaction TCodesSAP Production Planning(PP) Transactions TCodesSAP BASIS/ABAP Transactions TCodesSAP Human Resources HR Transactions TCodesSAP Sales and Distribution (SD) Transactions TCode...SAP Office Transactions TCodesSAP FI Financial Management Transactions TCodesSAP MM configuration transactions TCodesSAP Configuration Related Transactions TCODES

Easy Transactions with ForexGenForexGen offers the easiest, simplest and fastest way of Forex funds depositing, withdrawing and transferring provided with Customer Support personnel available 24/7 In order to serve its clients any time all over the world.ForexGen cares for its clients' funds, so that ForexGen allow funding operations with guarantee of ForexGen itself that your fund operations are executed with high level of security and privacy.Funds are accepted by wire transfer and e-gold payments.· Deposit of funds is made easy through our short online form in your account management section, click here for a quick access (needs login)Account receivable funding could electronically funded by ForexGen after one business day, thus the client's account will be funded in the same day of re

Easy Transactions with ForexGen ForexGen offers the easiest, simplest and fastest way of Forex funds depositing, withdrawing and transferring provided with Customer Support personnel available 24/7 In order to serve its clients any time all over the world. ForexGen cares for its clients' funds, so that ForexGen allow funding operations with guarantee of ForexGen itself that your fund operations are executed with high level of security and privacy. Funds are accepted by wire transfer and e-gold payments. · Deposit of funds is made easy through our short online form in your account management section, click here for a quick access (needs login) Account receivable funding could electronically funded by ForexGen after one business day, thus the client's account will be funded

I have discussed in detail the relevant double entries for the recording of rental income and the rental deposits and utility deposits in the books of the landlord, ABC Co. Ltd., in my post:Various Types of Transactions – Part 4c, Collection from Other Source of Revenue and Income (Rental Income).The recording of all these transactions in the books of the tenant, XYZ Co. Ltd., are the opposite of those of the landlord. If XYZ Co. Ltd. records its transactions on cash basis, the double entry used to record the transactions when XYZ Co. Ltd. pays the monthly rentals is: - Balance SheetIncome Statement DRCRDRCR Rental expense xxxx Cash at bank xxxx 1. The double entry for the recording of the security deposits is: - Balance SheetIncome Statement DRCRDRCR Refundable deposits (c

Welcome to Works for Me Wednesday, sponsored by Rocks In My Dryer.As frugal home builders, we always seek ways to purchase what we need through least expensive options, if possible, though we're not fanatics about it. We frequent several online shopping sites, but our favorite is eBay.Jim loves eBay Motors. He just loves to look at trucks, and it gives him a good idea of what vehicles are going for these days. And outrageous bids amuse him.I love eBay, too. We bought our daughter's flute through eBay so she could participate in band, and I've found several good deals for items we needed. Here are some tips for navigating a successful eBay transaction and what to watch out for:Read listings carefully. I recently purchased a wall adapter based on the image and description. The image looked

During the last two decades the world economy has undergone major structural changes. At the same time, international economists have been busy developing new approaches and refining older ideas in an attempt to provide better answers to such perennial questions as the merits of free trade relative to protection and the nature of globalization in [...]

During the last two decades the world economy has undergone major structural changes. At the same time, international economists have been busy developing new approaches and refining older ideas in an attempt to provide better answers to such perennial questions as the merits of free trade relative to protection and the nature of globalization in [...]

Business entities may apply for loans or borrow money from third parties (usually financial institutions; sometimes in the form of short term loans or advances from owners, directors & etc.). THIS IS NOT A SOURCE OF REVENUE OR OTHER INCOME. This is because the principal sum borrowed is a liability (resource – money that you get from others temporarily and you need to pay the price for this – interest). Upon fulfilling the terms and conditions set and agreement reached between the borrowers and the lenders, the principal sum of the loan will be realeased to the borrowers.The double entry involved in the recording of the realease of the loan is as follows:- Balance SheetIncome StatementDRCRDRCRCash at bank24,000Loan from XXX Bank24,000A decision need to be made as to whether the loan

As mentioned in my post: Various Types of Transactions - Part 1, Introduction, there were 5 examples of other source of revenue or income highlighted – interest income, dividend income, rental income, proceeds from disposal of assets and compensation received for loss of assets. Please take note that this is not an exhaustive list as there are more types of other source of revenue and income not mentioned. For the purpose of easy understanding and simplicity, I will only discuss these 5 different other source of revenue and income in the following posts:-Various Types of Transactions – Part 4a, Collection from Other Source of Revenue and Income (Interest Income)Various Types of Transactions – Part 4b, Collection from Other Source of Revenue and Income (Dividend Income)Various Types o

Rental income is earned by business entities for allowing another party to "use" the resources (assets) of the business entities. For example, letting of property, machinery, equipment & etc.An agreement is usually drafted and agreed by both parties. The terms agreed upon usually include the details or specifications of the assets, date of agreement, period, amount of rental e.g. per month.Many small businesses record rental income on cash basis, i.e. upon receipt. The double entry for recording rental income on cash basis is:- Balance SheetIncome Statement DRCRDRCR Cash at bankXXXX Rental income XXXXExampleThe financial period of ABC Co. Ltd. is from 1 January to 31 December. On 10 January 2006, XYZ Co. Ltd. agreed to rent Level 1 of a 3 levels shop owned by ABC Co. Ltd for 3

Business entities may encounter some unfortunate events such as fire, flood or others that cause damage to their assets. After assessment of the damages caused, the insurance companies will then pay the relevant compensation to these business entities. If the assets damaged are fixed assets, the relevant double entries involved in the recording of the loss of the assets have been illustrated in my post: Various Types of Transactions – Pat 4d, Collection from Other Source of Revenue and Income (Proceeds from Disposal of Assets) However, if the damaged assets are inventories or stocks, the carrying value of the inventories or stock should be deducted against the compensation received to determine the net loss:- $Compensation receivedXXXXCarrying value of inventories(XXXX)Loss on damaged in

When a business entity dispose of its fixed assets or more commonly now referred to as property, plant and equipment, the carrying amount or the net book value of the assets concerned is deducted from the proceeds received at the date of disposal to determine the gain or loss on disposal:-$Proceeds from disposalXXXXCarrying amount or net book value of fixed assets(XXXX)Gain/(Loss) on disposalXXXX/(XXXX)ExampleThe financial period of ABC Co. Ltd. is from 1 January to 31 December. On 1 February 2006, ABC Co. Ltd paid cash to purchase a motor vehicle costing $24,000. The depreciation rate applied to this motor vehicle is 20% per annum (I will have a detailed discussion on depreciation in my future post). On 1 February 2007, ABC Co. Ltd decided to dispose this motor vehicle and sold it for $16

For those business entities who have invested in shares of another company, dividends may be received by these business entities as a way of distributing the earnings or profits made by the investee companies to the shareholders. Dividends could take the form of cash or non-cash (e.g. bonus shares, property etc.). I will only discuss the recording of cash dividend income in this post.Whenever dividends are distributed to the shareholders, enclosed together with the cheques to the shareholders are dividend warrants or vouchers. The dividend warrants or vouchers show the details of the dividends payments.Dividends are classified into two types: 1. Interim dividends, and; 2. Final dividends. It should be noted that it is the Board of Directors of companies that has the power to determine how

Interest income is earned usually through deposits placements with financial institutions. Sometimes, it is also earned through lending of money to third parties (some countries have strict laws governing money lending activities). Interest is the price that borrowers pay for enjoying the resources (money) borrowed from the lenders. Usually, the interest rates are made known to the depositors by financial institutions at the time of deposits placement.A very common practice by small businesses when comes to the timing of recording interest income the accounts is upon receiving the interest income. This is an example of cash basis of recording transactions instead of accrual basis of accounting. Please refer to my post: Cash Vs Accrual Basis of Accounting for further illustrations on this t

Sales of residential property in China's major cities dwindled drastically during the first weeks of 2008, the China Securities Journal has reported. Cities such as Beijing, Wuhan and Chongqing saw their housing transactions in the first week of the year decrease by more than 20 percent than the previous week, the report said. Housing transactions in the booming southern city of Shenzhen fell by about 38 percent and sales in Nanjing, capital of the coastal Jiangsu Province, plummeted by more than 52 percent, it said.

In developing its forex requirements, NFA's primary concern was to ensure that the requirements provide adequate protection for customers without

A large amount of money may be required usually if a person id underway a property deal and is falling short of cash. In such a scenario, he can take up a personal bridging loan which will help him bridge the cash shortfall that he is facing. So the borrower of this loan will not have to face any nightmare regarding his property dealings. What the borrower requires is an interim period between the sale of his property and the purchase of a new one. But if he comes across some deal which is a dream come true for him, then the consideration of the interim period loses its importance. It is here that the borrower faces a cash shortfall as he does not receive the money in accordance to when he has to make the payment of the new purchase that has been made. Through this loan, the borrower

There's been a definite wintry chill across China's real estate markets. In Beijing and Shanghai, property transactions have dropped for three consecutive months as of December. Some cities are reporting dips of as much as 20 to 30 percent.Some real estate agents say, they feel cold not only because of the weather, but also because of the lack of activity in the property market.

For profit orientated entities, revenue is the "bloodline" of the businesses. The cash collected from invoicing or billing is vital in keeping the businesses up and running – meeting all sorts of daily expenses. Depending on the nature of the businesses, the sales invoices or bills issued to customers are for the sale of goods or services rendered. Generally the invoices or bills issued could be on cash term (pay on delivery of goods or services performed) or on credit term (e.g. 30 days, 60 days, 90 days etc). I have discussed in length the day book used in recording sales, the sales ledger and posting to the relevant accounts in the general ledger in my post:General Ledger? Journals? Day Books? Debtors Ledger? Creditors Ledger? Trial Balance . The double entry for recording both the c

When owners inject cash into businesses as capital, the double entry to record this type of transactions is: - Balance SheetIncome Statement DRCRDRCR     Petty cash/cash at bankXXXX   Capital XXXX  Cash injections could be done by way of contributing "hard cash". If this is the case, the asset account debited is the Petty Cash account. Cash injections could also be done by way of the owners issue cheques. If this is the case, the asset account debited is the Cash at Bank account. Usually, if the amount involved is huge, cheques are issued instead of hard cash.Following the rule of double entry recording system, whenever there is a debit entry made to an account (the Petty Cash of Cash at Bank account in this illustration), there must also be a credit entry made to an account (

- Director Ye Tian Yun has increased his holdings in 8TELECOM INTERNATIONAL HOLDINGS CO LTD from 70.777% to 70.881% through open market purchase. - Substantial shareholder Poh Choo Bin has increased... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

(Click to enlarge) Source: BT Online [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

The following changes have been introduced in the world of football on Monday. The date is taken from the Canadian Press National Football League: NFL-Suspended Dallas DB Roy Williams. NEW YORK GIANTS-Placed TE Jeremy Shockey on injured reserve and signed TE Jerome Collins from the practice squad. Canadian Football League: CALGARY STAMPEDERS-Named Pete Costanza receivers coach.

Do you play backgammon? Did you know that Backgammon Masters can now accept multiple currencies via their secure online cashier which is automatically converted to US dollars. International players can now withdraw and deposit money in their own currencies through Credit Card, Pay Pal, Neteller, MoneyBookers, Click and Buy and UKash or any approved online payment [...]

It is easier to understand the basic principles and concepts of accounting once you are familiar with the types of transactions that a typical business entity has to deal with. There is no better place to start with knowing what kind of receipts a typical business receives and also the type of payments made. Even though numerous transactions nowadays are done on credit, eventually the amount owed is expected to be settled or paid.ReceiptsGenerally, the receipt transactions of a typical business include the following:-·Contribution of capital from owners (Please refer to: Various Types of Transactions – Part 2, Contribution of Capital from Owners)·Collection from sales or services rendered (cash sales or payments received from trade debtors). This is usually the major source of revenue

Goods Issue (GI) T-Code used: MIGO or MB1A.The Goods Issue transaction will trigger cost accounting process. Cost accounting will record the expense occurred from the goods issue transaction whether... For more details you could visit our website (www.sapstudymaterials.com). There are articles with SAP screen shots there to help you learn SAP easily.

- Substantial shareholder Atorka Group hf has increased its stakes in Asia Environment Hldgs Ltd from 11.63% to 12.06%. - Substantial shareholder Deutsche Bank AG’s deemed interests in Food Empire... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

- Liberty Square Asset Management, LP has increased its stake in Banyan Tree Hldgs Ltd from 5.06% to 6.11%. - Substantial shareholder Lexdale International Limited’s interest in Noble Grp Ltd has... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

- Substantial shareholder Atorka Group hf’s interest in Asia Environment Hldgs Ltd has increased from 4.54% to 7.36%. - Substantial shareholder Screen Power Enterprises Ltd’s interest in C&O... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

- Substantial shareholder Chan Kern Miang’s interest in Adroit Innovations Limited has increased from 7.29 % to 11.19 %. - Substantial shareholder To Hau Yin’s interest in ECS Holdings Limited has... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

- Substantial shareholder Screen Power Enterprises Ltd’s interest in C&O Pharm Tech Ltd has increased from 53.93% to 53.95%. - Substantial Shareholder PT Tunggaladhi Baskara’s interest in PT... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Homes located in the right location are greatly valued than equal homes based in an unpleasant location. Real Estate Agents usually advise their clients about it to make them understand how important the resale value of a home is now as well as in the future.

- Substantial Shareholder Chan Kern Miang's deemed interest in Adroit Innovations Limited increased from 2.20% to 7.29% due to Right Issue. - Substantial Shareholder UBS AG's interest in Asia... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

- Director Fan Kai Leung's deemed interest in Anwell Technologies Limited increased from 23.88% to 51.84% due to allotment of 694,943,890 shares to Tech Power Resources Co., Ltd., pursuant to the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

- Substantial Shareholder Bain Corporation Pty Ltd's interest in Ausgroup Limited decreased from 6.57% to 5.31% due to placement to institutional Investors. - Substantial Shareholder Selat (Pte)... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

- Substantial Shareholder First Gulf Asia Holdings Limited reduced its deemed interest in Arianecorp Limited from 5.457% to 4.592% through market transaction. - Substantial Shareholder Value... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

- Director Barry Alfred Carson of AUSGROUP LIMITED has reduced his stake from 4.07% to 2.55% via placement to institutional investors. - Substantial shareholder Orange Capital, LLC has increased its... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

The total value of land transactions in Dubai touched Dh.10.22bn in October, according to Dubai Land Department. Out of the total 395 cash sales that happened during the month, these transactions were worth Dh.6.03bn, out of which Dh.3.49bn were from mortgage trasactions, and Dh.693.49million were from donation of land and property. The Land Department in Dubai, registered 395 transactions

- Substantial shareholder The Capital Group Companies, Inc. reduced stake in Banyan Tree Holdings Limited from 10.797% to 9.997% via open market sales. - Substantial shareholder for Digiland... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]