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Debit Notes

A direct debit or direct withdrawal is an instruction that a bank account holder gives to his or her bank to collect an amount directly from another account. It is similar to a direct deposit but initiated by the beneficiary.

It is typically used to make recurring payments for credit card or utility bills. Unlike standing orders, which require the amounts to be fixed, direct debits can be used for varying amounts; the payee can simply indicate a different amount each time. However, in countries where setting up authorisation for direct debit is easy enough, it can also be used for one-time payments in the mail order business or even at a point of sale.

It is available in the banking systems of several countries, including the United Kingdom, Germany and the Netherlands. It is scheduled to be available across the whole Single European Payments Area by the end of 2010. In the United States, where cheques are more popular than bank transfers, a similar service is available through the Automated Clearing House network.

Debit Notes

 

Debit Notes Knowledge Base

What is the funda of Debit note or credit notes in books of Account ??

it will be more helpful if u explain it with an example.

Is it a debit or credit to increase Notes Payable?

does debit or credit yield when you increase Notes Payable?

is it good to use debit note where credit note was used?

i bought some goods from my surplier & one of them was faulty so i return it & by then he did not have stock so, he passed credit note. what i...

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Purchase Ledger

 

Purchase Ledger Knowledge Base

purchase ledger ??????????

In the purchase ledger clerk role I have seen some job descriptions with the following duties: Costing the suppliers invoices Coding to cost cen...

What controls would be needed to detect errors posted to the purchase ledger?

THIS QUESTION IS ABOUT THE EVALUATION OF CONTROLS FOR PURCHASES AND CREDITORS. IT IS BASICALLY ABOUT ACCURACY AND HOW PURCHASES CAN BE WRONGLY STATED.

What are the most common question at an interview for Purchase ledger clerk?

Everyone just brainstorm a question Thanks for you help

What does a Payroll and Purchase Ledger job involve and what skills are needed?

May well be offered the above job soon. What should I learn? Any particular Excel skills?

In bookkeeping, why is purchase ledger control a Credit?

I don't see how it can be either, seeing as your can't touch it or hold it. Arghh, help.

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Purchase Ledger Images

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Debit Accounts

 

Debit Accounts Knowledge Base

Why can I not debit accounts receivable and credit sales?

I am working with QB 2009 Prereceivableactors edition. I have a negative AR balance and want to credit it to sales. I have tried making a jounal ent...

How do you find out if a custumer has had debit balance accounts at securities firms?

How do you know if a new customer has had a habit of opening accounts, running up debit balances, and moving on to another firm to just run up another...

How can I auto-debit monthly payments from my customers' checking accounts?

I'm a private music teacher and I charge tuition monthly. I would like to auto-debit their checking accounts for tuition monthly similarly to how my ...

Why are the debit and credit rules for Liability accounts and Stockholders' Equity accounts the same?

Why are the rules of debit and credit the same for liability accounts and stockholders' equity accounts? Given: debit for decreases (-) / credit ...

Which of the accounts below would be closed by making a debit to the account?

Which of the accounts below would be closed by making a debit to the account? 1. Dividends 2. Fees Earned 3. Rent Expense 4. Unearned Reve...

Do any brokerage accounts have debit cards?

I can't find anyone that offers this, I am totally sick of banks I wan't to find a brokerage account that has direct deposit and a debit card.

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Debit Accounting

 

Debit Accounting Knowledge Base

Why are the initials Dr used for a debit account in accounting?

Am in class and some one asked why are the initials Dr used for a debit instead of Db or something else.

what is difference between debit and credit in accounting?

i m a student of accounting. We have to decide (in accounting) about different accounts that which account to be debited and which to be credited whi...

I need help with an accounting question involving the T account and debit and credit?

Ok Lets say I receive 3000 cash as an investment does it go to credit or debit. Because this T account stuff is so confusing

In accounting why is an asset account a debit, rather than credit, account?

An expense account is also a debit account, which makes sense; and why are liabilities considered a credit account?

Accounting help! Does a debit decrease assets; increase liabilities and stockholders equity?

Im a little stuck on this probelm for financial account, it askes for the definition of debit and the only one that i think works states: Decreases as...

How to know whether to debit or credit in accounting?

I'm so confused. I have a test tomorrow, and I've been studying, but as soon as I think I know the difference between the two I realize I'm wrong. Ple...

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Debit Accounting Images

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Book Keeping

 

Book Keeping Knowledge Base

Book Keeping?

I am thinking of training to become a book keeper. Do you know if there is one 'standard' qualification to obtain in book keeping or are there a numb...

How easy is it to build up book keeping skills?

I am not that great with numbers but when I follow something methodically, I can get by. How easy is it then to pick up book keeping skills. I am thin...

What do most ebay sellers use for book keeping?

attention all ebay sellers how do you keep track of your book keeping? is there a program that can keep track of it? so how do you sellers keep trac...

In which way i can start to business of book keeping and accoutancy on international level.?

I have funds and infrastructure i.e. Office, Computers, vsat, staff and all other misc equipments required and are interested to start the business o...

what is the difference between book- keeping and accounting?

I want to take a course but want the best one; book-keeping or Accounting. This is for a home business so want to get the most benefit out of the cou...

What would be a good rate for small business book keeping?

I currently do book keeping full time for my employer (manufacture/construction field) and a we have a guy that uses us every now & then that has ...

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Book Keeping Images

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Credit Notes

 

Credit Notes Knowledge Base

Can Gamestation trace or replace lost Credit Notes?

i had a credit note for gamestation for £76 and my mom accidentally threw it away. Can they replace it or trace it in the system so i get another?

Can you use your store credit/credit notes on consles or only on games in gamestation?

hi im looking to sell my ps2, ps2 games,ds and ds games for some store credit then im going use my store credit to get a 360 in gamestation.can some...

Is it a debit or credit to increase Notes Payable?

does debit or credit yield when you increase Notes Payable?

What is the funda of Debit note or credit notes in books of Account ??

it will be more helpful if u explain it with an example.

does game buy DS Accessories for cash or credit notes?

hi im looking to sell my DS travel bag and ds games case will game buy it?? sources would be helpful!

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Credit Notes Images

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Cash Notes

 

Cash Notes Knowledge Base

how do you get more farmville cash notes on the facebook farmville?

i have farmville on facebook and have lots of coins but need more farmville cash notes so i can extend my land but its taking forever to get them! is ...

Does anyone know anything about making money with cash notes?

I need to know the ins and outs of making money with cash notes. There is only one guy who is promoting it on YouTube which made me skeptical. If it...

Where can I get insurance for my unsecured cash flow notes?

I have unsecured cash flow notes and wondering where I can get insurance in case they were defaulted on. I heard some cash flow note insurance compani...

Can someone provide me with assistance with working with cash flow notes?

I received information regarding this cash flow note program. Although the presentation is really catchy, I am no fool and understand that it takes ha...

Would the World have less germs if we abolished cash notes and coins?

For example Swine flu? Maybe money is the fastest cause of disease transmission? What do you think?

How do I make money with cash flow notes.?

I would like a easy to understand how I can make cash with cash flow notes. I heard you can make money withou money. How do I find a note and make mon...

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Cash Notes Images

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Debit Card

 

Debit Card Knowledge Base

Debit Card?

I am 13 yrs old, and I am getting my first debit card (visa). Of course, I dont have a drivers license, but wen u pay with ur credit card u hav 2 show...

Why do debit card companies want you to slide your debit as a credit card?

I signed up for this chase extras promotion crap. And apparently, to gain points, I can only swipe my debit card as a credit, in order to get points....

Is giving my credit card,debit card and bank account information to paypal and ebay safe?

There are rumours about money theft by unauthorized persons from your debit cards,credit cards and bank accounts.I am planning to do business online.W...

Can you use a debit card as a credit card on the Internet?Or are they different?

I have a debit card in visa, and I want to purchase some stuff on the internet. According to the online store, they accept Visa CREDIT CARDS, yet they...

How does this adding a debit card to paypal work with purchases?

Like my current balance is 0..i know it should be like that But say i have 100 dollars on the debit card I want to buy 25 dollars worth of stuff...

How can I use a debit card in place of credit card?

I want to buy a hosting package from godaddy. I have no credit card but have icici debit card. How can I buy it using a debit card? Paypal also wil...

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Debit Card Images

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Prepaid Debit

 

Prepaid Debit Knowledge Base

What are the benefits of getting a prepaid debit card?

I don't have good credit so I wanted to get a prepaid debit card. Which one is the best and where can I get it?

How can I become a reseller of prepaid debit cards?

I want to become a reseller of prepaid debit cards. Even a company that would dropship them would be good. Does anyone know how I can start this? ...

Can a temporary Green Dot Prepaid debit card be reloaded with more money?

I have a temporary Green Dot Prepaid debit card and I want to reload it with more cash. I want to know if I can reload it or do I have to wait for my ...

Can prepaid debit cards work like regular credit cards for use on donating to a site?

I Want to donate to a site but it has MasterCard there. I don't have a credit card but I do have a prepaid debit card thingy. Would that be good enoug...

Can someone use my prepaid Debit card for online shopping even if there are zero funds in it?

I have used my prepaid debit card online several times. Hoewever i make sure that the funds are almst exhausted or very little after the shopping. My...

How do you shop online with a prepaid debit card?

A prepaid debit card are one of those gift cards from Visa, american express etc, that you can get in a store. How do you shop online with them?

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Prepaid Debit Images

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Direct Debit

 

Direct Debit Knowledge Base

Direct Debit?

Can i set a direct debit up with a HSBC solo debit card?

Has anyone had a direct debit reinstated by the bank after you cancelled it?

My bank has reinstated a direct debit that i had previously cancelled. When i phoned them about this, they said that it is within the rights of the co...

How does cancelling a direct debit affect your credit rating?

I have been told by banks and others that cancelling an active direct debit can negatively effect your credit score. I don't want to pay for this info...

How long does it take for funds from a recalled direct debit to return the account?

Hi I recalled a direct debit (taken today) taken from my bank this afternoon and was wondering if anybody knows how long it will take for this to c...

How long does it take for a direct debit transfer?

How long does it take for direct debit from one bank account to the other? If money leaves one bank account on the 20th surely it should be paid by th...

Will a direct debit be taken out of an account which is nearly at the overdraft limit?

Ok I just wondered what happens if you are nearly at your overdraft limit but have direct debits coming out which will take it over the limit. Will th...

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Direct Debit Images

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