Temporary Account

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Temporary Account

An account whose balance is quickly reduced to zero after its creation by a company. For example, a company may create a temporary account for dividends after they are announced but before they are distributed. After distribution, the temporary account goes to zero. A temporary account is also called a nominal account.
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Bahrain's three municipalities and the Capital Trustees Authority have also listed individuals under temporary accounts without calculating final fees despite issuing actual certificates for periods ranging between six months and 24 years, which amounted to huge losses.
All accounts were maintained by officers belonging to the various MI detachments, and funds were placed in temporary accounts and the details can be provided on a confidential basis.
Temporary Accounts, Finance: Birmingham, Manchester, Glasgow, London, Cardiff, Bristol IT/Computing, CAD designers, CRM: London, Midlands
The system that we sketched out involved collecting and processing data encoded onto drivers' licenses to generate the temporary accounts.
The system proved reliable, and community users were able to generate their own temporary accounts easily and efficiently right away.
This temporary account would last until the end of the business day, permit general Internet usage, and allow for access to databases with license agreements allowing unrestricted walk-up use.
If a company needs a temporary accounts payable clerk to catch them up on their payables, their temporary might easily be someone overqualified for that role who is willing to take the step back because it's only temporary," said Susan Ahrens, regional manager Adams and Associates, an employment agency in Anchorage.
Of course, interim cash balances can be found at any date by adding the balances of the temporary accounts to the beginning cash balance.
We encourage you to experiment by creating subsidiary accounts or temporary accounts as allowed by your particular system.
Temporary accounts will be disabled and deleted after a period of time as assigned by the administrator.
An e-mail notification is sent to the recipient alerting them that there are files waiting, and it also includes a secure link and login credentials to the temporary account created by the GlobalSCAPE EFT Server.

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