Sentences with phrase «daily ledger balance»

The daily ledger balance is the balance at the end of each business day, equal to the beginning balance for that day plus the current business day credits, minus the current business day debits.

First, you can maintain a $ 300 minimum daily ledger balance.

The daily ledger balance is a term you'll see often with U.S. Bank and it means the balance at the end of each business day.

Often, if there is a monthly maintenance fee, you can avoid it, usually by maintaining a certain daily ledger balance, set by the bank.

You can waive this fee by maintaining a minimum daily ledger balance of at least $ 1,000 or an average monthly collected balance of at least $ 2,500.

However, you can waive that fee by maintaining a minimum daily ledger balance of at least $ 10,000.

U.S. Bank customers are charged $ 10 per month unless they maintain a $ 1,000 minimum daily ledger balance or a $ 2,500 average monthly collected balance.

Not exact matches

$ 3,000 minimum daily balance OR $ 6,000 average ledger balance OR have a Wells Fargo Business Payroll Service transaction from this account each month

GFS also provides the Funds with accounting services, including: (i) daily computation of net asset value; (ii) maintenance of security ledgers and books and records as required by the 1940 Act; (iii) production of a Fund's listing of portfolio securities and general ledger reports; (iv) reconciliation of accounting records; (v) calculation of yield and total return for a Fund; (vi) maintenance of certain books and records described in Rule 31a - 1 under the 1940 Act, and reconciliation of account information and balances among the Funds» custodian and Adviser; and (vii) monitoring and evaluation of daily income and expense accruals, and sales and redemptions of shares of the Funds.

Its robust general ledger and trust accounting feature set make your daily practice easier when it comes to balancing the books and complying with the Law Society's accounting standards.

Monitored daily general ledger reconciliations and verifies teller's daily balancing transactions.

Accounting and ledger balancing, daily bank deposits cash drawer auditing and accounts receivable.

Accountant — Goodman Services — Buffalo, NY — 9/2013 to Present • Manage accurate and timely payroll for 200 employees • Analyze accounts and expenditure reports to ensure proper balancing, and resolve and report discrepancies to the department supervisor • Introduce an updated ledger system to accelerate processing times by 10 percent • Observe and document all company expenses with detailed records of invoices, receipts, and other financial documentsAccountant — Foxworth & Trinston Finances — Buffalo, NY — 5/2009 to 9/2013 • Prepared tax returns and financial statements for auditing purposes • Monitored company cash flow on a daily basis and reported to the company president at the end of every week • Received Employee of the Year Award for recommending supplier consolidation that resulted in saving the company $ 1 million • Trained six new employees in company accounting policies and procedures as well as state and federal laws and restrictions to ensure high performance and the meeting of all deadlines

Prepared various accounting entries to general ledger, analyzed GL entries, balanced and verified GL accounts daily, and reconciled as needed

EMPLOYMENT Jan 2015 — Oct 2015 Hilton Suites — Hooksett, NH Hotel Night Auditor • Introduced and implemented an accounting system that works with available A / R and A / P data to manage automatic ledger balances • Attained Employee of the month Award following excellent service provision in the graveyard shift Tasks Performed • Balanced and audited for accuracy in accounts • Completed and transmitted daily management and accounting reports • Resolved accounting discrepancies • Performed guest service representative duties • Followed up with guests to ensure satisfaction • Balanced credit card and check transactions • Checked guests in and out of hotels

EKFOX, Stockton, CA 1/2011 to 5/2013 Accounting Officer • Created, coordinated and analyzed annual spending programs and budgets • Reconciled bill claims and invoices • Prepared cash books and ledgers according to set accounting principles • Compiled and recorded revenue statements and reconcile balance with each branch • Recorded funds transfer duties from various exchanges and crosscheck with departments • Handled daily and periodic invoicing tasks and banking activities • Processed corporate credit card transactions after verifying their authenticity

Billing Specialist / Analyst / Import (1995 — 1999) • Oversaw billing and invoicing, preparing over 500 invoices a month, as well as facilitated imports, shipment clearance, and related customer service functions such as order entry • Address and resolve both customer and sales force inquiries in a timely and accurate manner • Worked closely with the account and sales professionals to ensure customer satisfaction while working on EDI Transactions such as 850 / 856 / UCC128 / 810 and 997 in close contact with the various related departments • Held responsibility for billing analysis by conducting research utilizing 3rd - party reporting systems to resolve billing issues • Monitored the status of accounts receivable and collections on daily basis, collaborating with appropriate departments to research outstanding balances and resolve customer issues as needed • Processed vendor invoices and related travel and expense reports while processing adjustments, credit memos, and invoices • Assisted with balance sheet and travel / expense reports reconciliations with involvement in journal entries and G / L account analysis along with revenue accruals and month - end general ledger closing • Planned and managed sales through various distributor channels and other relevant sales outlets • Monitored, recorded, analyzed and reported on activities, trends, results and recommendations relating to import activities

Professional Duties & Responsibilities Managed all aspects of branch location including personnel and daily operations Oversaw employee hiring, training, performance reviews, compensation, and termination Interfaced with business, insurance, and investment partners to provide holistic client service Analyzed local, niche, and national markets to identify potential sales opportunities for clients Generated significant revenue through successful leveraging of bank products and services Built long - term relationships with key industry contacts to expand company reach and sales Conducted Management Self Assessments, audits, and compliance activities Monitored adherence to legal and corporate procedures protecting company and client assets Resolved escalated customer service issues promptly, professionally, and effectively Implemented measures to significantly increase operational efficacy and efficiency Identified and developed high potential employees increasing their value to the company Designed and implemented employee recognition program elevating corporate morale Performed teller services including cash handling and bank vault oversight Tracked sales referrals guaranteeing observance of proper procedures and policies Reviewed ledgers, branch audit logs, and closeout, balance, and M&D reports Provided excellent customer service resulting in client satisfaction and repeat business