what is the difference between transaction date and transaction post date? What if the transaction post date is before the transaction date? This is for a credit card statement.
138128
The transaction date is the date on which you make the purchase or sale.  The transaction post date is the date on which the credit card company or bank enters your sale or purchase into your account.  If you have a transaction post date prior to a transaction date then "Baby, Youses Gots Problems!!"  Should never happen.
45183
Your confusion is understandable for someone who is not an accountant.  Those terms 'debit' and 'credit' (from your first 2 examples, at least) are relative to the BANK'S POINT OF VIEW not yours.  I'll explain.  The bank has a balance sheets with assets on the left and liabilities (things that it owes) on the right.  Assets must always equal Liabilities + Owner Equity (equity won't be explained here).  On the asset side, when a bank gains an asset, it receives a credit and when it loses an asset it receives a debit.  The reverse is true for liabilities.  When a bank gains a liability, it receives a debit, but it is credited when loses a liability.  When you take money out of your checking account, the bank loses assets and therefore records a DEBIT (remember, a loss of assets is a 'debit' on the asset side).  When you add money to your checking account, the bank gains assets, which is a CREDIT on the asset side. When you use a credit card, the store DEBITS your account because you have gained a liability, a promise to pay (remember, a liability goes UP when it is debited).  When you get a refund, your account is CREDITED because you have lost a liability (you are no longer obligated to pay that debt).  remember, a CREDIT on the liability side means that liabilities go DOWN!  So 'debit' and 'credit' don't mean 'down and up', it just refers to what action(s) is being taken and on what side of the balance sheet the action is taking place.
596375
It should give you the whole total before you finalize the transaction.  Amazon is very reliable, we purchase from them all of the time.
502074
Re postdated checks- in many states, it's illegal to either offer a post-dated check or receive one. Debt collectors have, depending upon the state, restrictions on what they can do. Check with the state prosecutors's office.\n\nAlso-your business has rights depending upon your state-check with your consumer protection agency-Good Luck!
595645
That's way good.\n\nThe ledger balance is what is sitting in your account at the moment.\n\nThe available balance is the ledger balance minus any pending transactions.\n\nPending transactions are purchases that have been made but have not gone through yet.\n\nWhen the two are the same, you have no pending transactions.
464412
when i worked at a credit union, they would process ACH and EFT transfers a couple of times per day in a mass processing. that is, they don't go into each individual account and process ACH transactions on that individual account. that would just be too much to be handling all the time. when the bank gets these ACH transactions, they are processed as scheduled. part of the problem might be in the company (or other bank or whatever) that is submitting the transaction for you. it always takes longer for a company to credit an account vs. debit, for obvious reasons. i would say it's more likely the company wants to hold onto your money longer.
504744
"Post" means "after"\n\nWhen closing out your books at the end of an accounting period, you will prepare three trial balances:\n\nA preliminary trial balance is prepared using your general ledger account balances before you make adjusting entries. \nAn adjusted trial balance is done after preparing adjusting entries and posting them to your general ledger. This will help ensure that the books used to prepare your financial statements are in balance. \nA post-closing trial balance is done after preparing and posting your closing entries. This trial balance, which should contain only balance sheet accounts, will help guarantee that your books are in balance for the beginning of the new accounting period.
221696
They do not have to notify the card holder just the merchant trying to initiate the transaction. It always comes down to money...the merchant is most always charged a flat rate- usually about 15 to 20 cents for trying to just charge/debit the card. The card holder is charged nothing in your case and so no notification is then required. Had the transaction been completed by a known suspect merchant or the sale was very high for that vendors average sale then the credit union that issued the card would need to contact you.
519033
Normally the change in cash on the balance sheet equals the change in cash on the Cash Flow Statement..  I have seen this before when they arent equal.  Usually there is some kind of adjustment or restatement to the financial statements when it happens.  This article may help.
547413
SCAM. Pay the 1600 and it shows as paid after 30 days. They can't pull it off until the scheduled date (seven years after it was posted) Dont let them do that to you. Tell them you want to be assured in writting that the entry will be completely removed from your CR. Until then, keep ur 2400 inyour wallet. Those Jerks.
293379
Forget the nonsense in the previous replies.  Read the link below.  This is an excellent article explaining the Statute of Limitations, and the length of credit reporting.  Many people here don't know the differance between these two.  You sound like you already have a grip on what is going on.  ;)
487107
Although my last experience with blogs was 2 years ago, it is unlikely much has changed.  \n\nEach post is date-stamped with the current time; you may only do the opposite, edit a post to make it look like it was made later.
645216
It's dreaded timestamp in SQL server. Though the name says it is timestamp, it's really not. So don't do a read/write on that column. It's a kind of rowid precisely. By definition from SQL server books:\n"\nThe SQL Server timestamp data type has nothing to do with times or dates. SQL Server timestamps are binary numbers that indicate the relative sequence in which data modifications took place in a database. The timestamp data type was originally implemented to support the SQL Server recovery algorithms.\n\nIt further states Never use timestamp columns in keys, especially primary keys, because the timestamp value changes every time the row is modified.\n"\nHope it helps.
208844
It might be different because you're going through your company.  Maybe they just batch up all the orders and execute them at the end of the date?\n\nAre you even allowed to place orders that are not market orders?
332776
http://search2.cc.dcn.yahoo.com/cct_search.php?ui_mode=answer&prior_transaction_id=452349&action_code=5&highlight_info=16777722,9,17&turl=http%3A%2F%2Fhelp.yahoo.com%2Fhelp%2Fus%2Fwebhosting%2Fwebhosting-03.html&answer_id=4917221#__highlight
654583
transaction  =The act of transacting within or between groups (as carrying on commercial activities)\n\nrandomization=A deliberately haphazard arrangement of observations so as to simulate chance
301810
The journal entry would be:\n1.If you are buying a fixed asset like furniture,\nFixed asset a/c   Dr. \n    To Cash a/c \n\n2.If you are buying consumables,\nPurchases a/c or goods a/c Dr.\n    To cash a/c\n\nSo you credit cash, because you are losing cash and gaining some goods. What comes in is a debit and what goes out is a credit