Personal accounts


 

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Personal accounts

A company's sales accounts of customers contained in the sales ledger and purchase accounts of suppliers contained in the purchase ledger are also known as personal accounts.



Similar Matches

Personal exemption

Personal exemption

In the US, the amount a person may subtract from personal income when computing federal and state income tax.


Personal pension

Personal pension

A structured personal savings and investment plan to provide for your financial needs after you retire. You can use some or all of the proceeds from a personal pension to pay off an interest-only mortgage. You will need to arrange life assurance separately to a personal pension.


Personal Investment Authority

Personal Investment Authority

A Self Regulating Organisation (SRO) authorised by the Financial Services Authority (FSA) which regulates the majority of companies conducting investment business with private investors in the financial services market.The PIA replaced FIMBRA and LAUTRO and some activities of IMRO and the SFA in 1994.All regulatory functions of the PIA were taken over by the Financial Services Authority (FSA) in December 2001.


Personal pension scheme

Personal pension scheme

See: 'personal pension plan'.


Personal equity plan

Personal equity plan

A plan where people over the age of 18 could formerly invest in the shares of UK and other EC companies via an approved plan manager or through qualifying unit trusts and investment trusts and receive both income and capital gains free of tax.Maximum investment amounts were £6,000 for a general PEP and £3,000 for a single company PEP per tax yearPEPs were discontinued on 6th April 1999 and replaced by individual savings accounts (ISAs). PEPs in existence were allowed to continue to grow with similar tax privileges.


Further Suggestions

personal loan
personal pension plan
Personal trust
personal accident insurance
general personal equity plan
personal possessions
personal ledger
Umbrella personal liability policy
Personal income
Personal Property Loan
personal accident and sickness insurance
Personal exemption
appropriate personal pension plan
Personal inflation rate
personal income
umbrella personal liability insurance
Personal tax view (of capital structure)
Personal property
personal identification number
personal allowance
Personal search
group personal pension
Personalization
Personal article floater
additional personal allowance


 
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