Sentences with phrase «currency accounting using»

This document attempts to explain how to do (and how not to do) multiple - currency accounting using GnuCash.

Not exact matches

To find the wealthiest people in the world, Wealth - X looked at its database of dossiers on more than 110,000 ultra-high net - worth people and used a proprietary valuation model that takes into account each person's assets, then adjusts estimated net worth to account for currency - exchange rates, local taxes, savings rates, investment performance, and other factors.

Purchases of usage subscriptions (including credits, points, and / or virtual currency) or any virtual items made available on the online services are nonrefundable, have no monetary value (i.e., are not a cash account or equivalent), and are purchases of only a limited, non-exclusive, revocable, non-assignable, personal, and non-transferable right to use, even if such came with a durational term (e.g., a monthly subscription).

The virtual currency can only be used to add money to a Microsoft account in the U.S. from which a payment can be made.

Only a few years ago, China's current account surplus was the largest relative to GDP among significant countries, it was holding its currency down to maintain demand for its exports, and most software used on its personal computers and videos on sale in its major cities were pirated.

In economics jargon: deflation is harmful when a currency is used as an an economy's unit of account.

In contrast, the banking sector had a net foreign currency liability position before taking into account the use of derivatives for hedging purposes and a net foreign currency asset position of close to zero after accounting for the use of hedging derivatives.

As at the end of March 2013, international investment position (IIP) data indicated that Australian entities overall had a net foreign currency asset position equivalent to 27 per cent of GDP before taking into account the use of derivatives for hedging purposes (ABS 2013a).

At only two pages, the concise bill is not very substantive, save for a brief classification of «virtual currency» as «any type of digital representation of value that; 1) Is used as a medium of exchange, unit of account or store or value; and 2) Is not recognized as legal tender by the United States government.»

The general government sector — which consists of national, state and local governments — had a net foreign currency asset position equivalent to around 3 per cent of GDP as at the end of March 2013, before taking into account the use of derivatives for hedging purposes (Table 2).

After accounting for the use of hedging derivatives, the FCE survey indicates that the overall net foreign currency asset position of other financial corporations was equivalent to 16 per cent of GDP, with a hedging ratio of around 35 per cent for foreign currency assets and 60 per cent for foreign currency liabilities (Table 1).

Mastercard explained in the 2016 announcement that «accordingly, the use of traditional payment networks and payment systems technologies in combination with blockchain currencies may provide consumers and merchants the benefits of the decentralized blockchain while still maintaining a security of account information and provide a strong defense against fraud and theft.»

«This trial introduced XRP to test the feasibility of reducing or retiring the use of current Nostro accounts for local currency payouts.»

South Korea's largest bank, Shinhan Bank, said on Friday that it would be closing down the virtual currency accounts it offers in order to comply with new regulations surrounding their use.

(1) PandaMiner has the right to suspend user's account and block all cryptocurrency, fiat currency and commodity sums contained therein, in case of non-fulfilment or unduly fulfilment of the terms of use by the user.

Resembling fiat currency bank accounts, Ether wallets are used for holding, storing, and transferring Ether.

Customers with Mt. Gox accounts will not be receiving their bitcoins or possibly even other currencies in what is effectively an insolvency, though no - one in an official position is using that word.

However, since the currency only exists as ones and zeroes in a computer program — not unlike most of the money we use via credit cards, etc. — it can also be stolen by hackers, as one user has claimed that his Bitcoin bank account was.

NextOption enables opening up an account by using many base currency crosses in order to cut on Conversion fees; they are at present permitting opening forex accounts in EUR, USD, AUD, GBP & RUB.

If you want to experiment with bitcoin, you can try the Plus500 platform, and check the BTC / USD currency pair using a demo account.

All currencies transferred to us by Members for use with the Exchange are held in an omnibus client account controlled by the Exchange.

The Company does not have access to any third - party accounts used by Users or Members to obtain virtual currency.

Fiat currency used to buy precious metals will move from personal and business bank accounts, to gold dealer accounts, to gold wholesaler accounts; and then to a variety of sovereign mint, gold precious metals refiner, gold miner and other gold supplier accounts, a large percentage of which are international.

Virtual currencies definitely run the risk of being targeted by hackers using various methods to steal Bitcoins and other virtual currencies from user accounts.

Digital currencies have historically been used for illegal activity thanks to their reliable and anonymous public ledger of accounts.

If you choose to withdraw cash in a currency other than the currency for which you hold enough Fiat Currency in your Wirex Account, then our Exchange Rate will currency other than the currency for which you hold enough Fiat Currency in your Wirex Account, then our Exchange Rate will currency for which you hold enough Fiat Currency in your Wirex Account, then our Exchange Rate will Currency in your Wirex Account, then our Exchange Rate will be used.

Your new Wirex account isn't limited to making purchases online and offline using Bitcoin or any of the three other supported major currencies.

By allowing payments using virtual currency, users are able to transfer virtual currency anywhere in the world without having to create / maintain bank or credit card accounts.

Using the website for crypto coin mining, collected funds will be converted into fiat currency and redirected to the account of the Australian subsidiary of UNICEF.

The transaction works the same in the reverse: if a recipient needs or prefers to receive a payment in bitcoin, but the sender prefers to deal in fiat currency, the sender can add money to their Abra wallet using their bank account or a local Abra Teller and then send their fiat currency directly to the recipient's bitcoin address, even if the recipient does not have an Abra wallet.

Where the instrument currency is different to the account currency, currency conversions of trading costs as well as profit / loss from trading activities are executed using the FX Spot mid-price at the time of closing the position, plus / minus 0.5 %.

Funds are instantly available in your currency account for use with your Wirex Visa debit card.

By using digital currency instead of fiat, there is virtually no enforceable restriction on who can open an account and trade.

To the surprise of many, it seems that Litecoin accounts for 30 % of dark web transactions in the present, which is much higher than any other currency that is not Bitcoin used in the dark web at this time.

If you want to deposit any fiat currency into the account, you're going to have to be happy using New Zealand dollars.

Bitcoin, an online currency, allows users to make payments, much as they use credit cards and PayPal accounts.

The rate used for currency conversion of amounts booked to your account is shown in the trading platforms under the «Trades Executed» report.

Other measures, such as exchange controls, are also being used to stem the appreciation of local currencies, with the authorities in Thailand announcing in October a package of measures, including suspension of interest payments to overseas holders of Thai cheque and savings accounts and a deposit ceiling of 300 million baht (US$ 7.5 million) per account.

Our new integration will allow bitcoin users in Taiwan and Hong Kong to load their GASH Point accounts using their favorite currency alongside other local payment methods.

A trader must be aware that once they choose their desired currency to use, it can not be changed for that account.

After appreciating their business, the receiver of Cryptocurrency Warning was scolded: «While reviewing your account, we noticed that your activity involves the trading or transfer of crypto currency which is prohibited under our Acceptable Use Policy.

Although it is possible to make deposit money into your BKTrading in any of the supported currencies, the company will handle all your transactions using your preferred currency, the currency you indicated while opening your trading account.

Once your account is set up, you can then proceed to the Buy / Sell section and choose your preferred digital currency, and then the payment method (use one that you already set up).

Therefore, when using a demo account on Porter Finance, set the account currency to reflect the currency that you will be using for live trading.

As a client, you can use one of the following currencies that are accepted for opening a live account: USD, GBP, EUR, JPY, CHF, and RUR.

We are excited to announce the ability for customers to instantly purchase digital currency using a US bank account.

Using a spot rate of US$ 0.93, it stated that a 1 cent change in the currency results in a $ 2.3 million impact on earnings before interest, tax and the SGARA accounting standard for 2014 - 15.

For fans that might not have fiat currency in their account to purchase tickets for the next big Champions League game, but have plenty of bitcoin, they could use their bitcoin wallet to make an instant and highly secure transaction of a seat at Old Trafford.

As many Nigerians, specifically the participants of the popular Ponzi scheme, Mavrodi Mondial Moneybox known as MMM, are hoping to unfreeze their accounts, the scheme had dump the use of Naira as mode of payment by introducing Bitcoin as the best performing currency.

If you generate a lot of revenue from international sites, you could benefit from using foreign currency accounts.