Personal ledger


 

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Personal ledger

A book in which the personal accounts of a company are kept that is, the sales ledger and the purchase ledger. See 'ledger'.



Similar Matches

Personal Property Loan

Personal Property Loan

A loan which is secured by both real and personal property. The minimum ratio of personal to real property is set by law. The credit of the borrower is a major consideration in making the loan.


Personalization

Personalization

Requesting personal information from mailing list subscribers and website visitors and then delivering customized Web pages or emails based on that information.


Appropriate personal pension plan

Appropriate personal pension plan

A pension plan in which employer and employee pay full rate National Insurance contributions equivalent to the employee contracting into S2P. This rate will be greater than the rate paid by contracting out of S2P.The difference between these rates, the contracted-out rebate, is paid by the Government into a scheme known as an appropriate personal pension plan which buys pension benefits at retirement age known as protected rights. Provided an employee qualifies, incentive payments may also be paid by the Government into the scheme.The contracted-out rebate plus any incentive payments are known as minimum contributions. Payment of minimum contributions into an appropriate personal pension plan results in a reduction of S2P benefit at retirement age as though the employee had contracted out through a final salary related scheme.


Personal inflation rate

Personal inflation rate

The inflation rate as it affects a specific individual.


Personal accounts

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.


Further Suggestions

Personal trust
Personal property
personal exemption
Umbrella personal liability policy
general personal equity plan
Personal search
Personal Investment Authority
Personal exemption
group personal pension
Personal income
personal identification number
Personal tax view (of capital structure)
additional personal allowance
personal allowance
personal equity plan
personal loan
personal accident insurance
personal pension plan
personal possessions
Personal article floater
Personal pension
personal pension scheme
personal accident and sickness insurance
personal income
umbrella personal liability insurance


 
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