Wall Street Mojo

JANUARY 17, 2024

It helps identify the availability of liquid funds with the organization in a particular accounting period. Thus, it accounts for a company’s financial standing and reveals the corporate efficiency in managing its cash and liquidity position. The reports reflect a firm’s financial health and performance in a given period.

Accountant 98

Accountant Finance Finance Profitability 98

Peak Frameworks

AUGUST 15, 2023

Double-Entry Accounting System Every financial transaction has two sides - a debit and a credit. Generally Accepted Accounting Principles (GAAP) To ensure consistency and transparency in financial reporting, companies in the U.S. Here's the breakdown: Identifying and Analyzing Financial Transactions.

Accountant 52

Accountant Financial Statement Finance Finance 52

Razorpay

MAY 27, 2024

Different functions of core banking encompass transactions, payments, loans and more. Internet banking, ATMs (Automated Teller Machines), Phone banking, Fund transfer remotely and instantly (IMPS, NEFT, RTGS and more), interest computation on loans and deposits etc., are some of the core banking solutions types.

Bank 52

Bank Banking Accountant Business 52

Tyton Partners

OCTOBER 26, 2023

Even in PreK-12, with the impending expiration of ESSER funds, deal frequency stayed steady. But as districts look towards the ESSER-funding cliff next year and sift through the variety of products and solutions that were adopted since the start of the pandemic, a clear trend is emerging around the need for streamlining and consolidation.

Education 52

Education Funds Investors Acquisitions 52

Razorpay

DECEMBER 20, 2023

Debit Card Payments Debit cards allow you to make transactions by deducting funds from your bank account. Limited funds: You can only spend what’s in your bank account. But, you need to reload them with funds, which can be inconvenient. Global accessibility: Can be used for international transactions.

Accountant 52

Accountant Business Bank Banking 52

Razorpay

OCTOBER 27, 2023

Payment security refers to the processes and practices used to safeguard financial transactions, funds and personal information of clients from threats like online and offline payment fraud, unauthorized access, and data breaches. What is Payment Security? This will help reduce the risk of cybercrime and fraud.

Securities 98

Securities Bank Banking Business 98

Peak Frameworks

SEPTEMBER 12, 2023

White-collar crime refers to financially motivated, non-violent crimes committed by individuals, typically in business and government. During the 2008 financial crisis, for instance, many banks approved "liar loans," where borrowers provided fake income statements. It's more about betrayal than the act of stealing itself.

Accountant 52

Accountant Finance Finance Investors 52

Peak Frameworks

SEPTEMBER 19, 2023

With numerous currencies and no standardized transaction method, international financial transactions were a logistical nightmare. The two banks then sort out the actual fund transfer behind the scenes. Government Entities: Many government agencies and central banks use SWIFT for their cross-border transactions.

Bank 52

Bank Banking Finance Finance 52

Razorpay

MAY 30, 2024

Understanding the OPGSP Guidelines The OPGSP (Online Payment Gateway Service Provider) guidelines are regulatory standards set by the Reserve Bank of India (RBI) to govern the operations of online payment gateways in India. Customer Protection OPGSPs are responsible for ensuring the safety and security of customer data and funds.

Risk Management 40

Risk Management Securities Business Financial Transaction 40

Razorpay

JULY 11, 2023

Electronic Fund Transfers: Current accounts support electronic fund transfers, allowing account holders to send and receive money electronically. This feature ensures convenient and timely receipt of funds. Sole proprietorship firms need government-issued documents, job card, photos, proofs, registration, PAN, and a cheque.

Accountant 40

Accountant Bank Banking Business 40

Wall Street Mojo

JANUARY 15, 2024

Article Link to be Hyperlinked For eg: Source: Accounting Information System (AIS) (wallstreetmojo.com) In simple words, it is a system to collect and store all information related to financial transactions and events so that they can be retrieved for decision making by the internal management, accounts, CFOs, auditors, etc.

Accountant 98

Accountant Financial Modeling Financial Models Financial Statement 98

Razorpay

NOVEMBER 19, 2024

In the payment processing phase, NPCI receives the debit instructions from the sponsor bank and conducts a validation check of all transaction details against the registered mandate. Fund Transfer Process The final settlement phase involves the crediting of funds to the lender’s account. Benefits of NACH Mandates 1.

Accountant 40

Accountant Bank Banking Electronics 40

Wall Street Mojo

JANUARY 16, 2024

It aims to nullify the difference in the same or next accounting period Accounting Period Accounting Period refers to the period in which all financial transactions are recorded and financial statements are prepared. Balance reconciliation is required to ensure that all purchases and sales transactions are recorded properly.

Accountant 52

Accountant Bank Banking Financial Modeling 52

Razorpay

OCTOBER 31, 2023

Export vs Import Payments Export payments are the financial transactions that occur when a country or entity sells goods, services, or assets to foreign customers or buyers. Import payments refer to the financial transactions that occur when a country or entity purchases goods, services, or assets from foreign sources.

Bank 59

Bank Banking Financial Institution Business 59

The TRADE

APRIL 30, 2024

By mandating banks to hold more capital in reserve, Basel III’s goal is to improve the stability and solvency of financial institutions, alongside reducing the possibility of bank failures during periods of economic turmoil. ESMA’s guidelines emphasise the importance of governance, accountability, and transparency in AI deployment.

Financial Institution 69

Financial Institution Financial Market Risk Management Bank 69

Razorpay

FEBRUARY 27, 2025

In today’s fast-paced financial world, businesses and individuals have various options for transferring money electronically. While both serve the purpose of moving funds from one bank account to another, they have distinct differences in terms of speed, cost, security, and use cases.

Funds 52

Funds Accountant Bank Banking 52

Razorpay

JANUARY 27, 2025

In the world of digital payments , ACH debit has emerged as a reliable and cost-effective method for businesses and individuals to send and receive funds electronically. It revolves around the concept of pulling funds directly from a payer’s bank account, as authorised by the account holder. What is an ACH debit? per month.

IT 40

IT Accountant Financial Institution Electronics 40