Transaction Accounting Sample Clauses

Transaction Accounting. Custodian shall have no duty or obligation to provide Principal or Authorized Agent with a separate accounting for payments or receipts or to allocate such receipts between principal and income. For certain Non- Custody Assets, Custodian shall use Sub-Custodian’s record keeping system upon proper notice to Principal as provided herein under Paragraph 8 of this Amended and Restated Agreement.
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Transaction Accounting. Custodian shall have no duty or obligation to provide Principal or Authorized Agent with a separate accounting for payments or receipts or to allocate such receipts between principal and income.
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Transaction Accounting. 3.32.1 The Contractor shall reconcile all transactions updated to the database. A daily report shall be required which balances the number of transactions in a given day, citations updated, parking citation payments, corrections, administrative hearings and dispositions, updated name and address information, suspended citations, returned mail, and DMV non-renewal processing.
Sample 1
Transaction Accounting. The `Distribution and Deduction' functionality' will include the accounting entries in the closing/escrow transaction. This includes: - Closing Commission - Gross Commission on the listing and selling side - Other Income & Bonus commissions - Referral fees and other Off-the-top deductions - Book of Business fees - Remaining Gross Commission - Remaining-in-house Commission - Gross Associate Commission - Associate deductions - Associate other income & bonus - Associate credits - Company Dollar GENERAL BUSINESS JOURNAL The system is designed to use the General business journal (GBJ) as the staging area for accounting entries to be exported to the Affiliate's primary accounting program. It will include a `General Ledger' functionality to analyze the GBJ entries and provide reports based on specific date range and criteria: Monthly totals, Journal entries by account, Check register and Cash flow. VENDOR INVOICES/ASSOCIATE BILLING/ASSOCIATE INVOICING This vendor/payables features includes the ability add, edit and delete invoices received from outside vendors, journalize the payment of these invoices and xxxx the Sales Associates for the portions of the invoices they owe. Vendor invoices can be sorted by; name, paid or unpaid. A history is kept of business with each vendor in the contact record. The system allows single invoices to be conveniently `spread' across multiple Associates greatly easing data entry. Tag lists, groups of Associates names, can be saved and used for billing Associates. Each Associate's account is simultaneously posted the correct debit amount. Associate/Employee credits, monies received, can be applied to a specific debit account item in the Associate's account record. In addition, the employee credit can be applied to the Affiliate's accounting program as a credit to an expense account. TRUST ACCOUNTING The system will track and manage escrow/trust accounts and can provide notification of aged accounts and interest details. The Trust account journal is primarily used for audit purposes. The Trust/Escrow displays: Summary of Closings in Trust, Trust Account Journal, Trust Account Ledger. The Trust Account Journal and Summary of Closings in Trust can be viewed by a user selected "as of date" and printed in a statement format to include the total amount of funds being held in trust.
Sample 1
Transaction Accounting. Upon the consummation and completion of each transaction deal listed on EXHIBIT A, Purchaser shall cause to be delivered to Olympic a full accounting of such transaction.
Sample 1

Related to Transaction Accounting

  • Tax Accounting Except for Tax Returns described in paragraph 9 of Part 3 of this Exhibit A, Provider shall prepare, or cause to be prepared, all Tax Returns of the Company in accordance with Sections 7.5 and 7.6 of the LLC Agreement. Part 2: SCOPE OF ADMINISTRATIVE SERVICES

  • Collection Accounts Section 3.11 Withdrawals from the Collection Accounts..................... Section 3.12 Investment of Funds in the Collection Accounts and the Distribution Account......................................... Section 3.13 Maintenance of Hazard Insurance and Errors and Omissions and Fidelity Coverage........................................ Section 3.14 Enforcement of Due-on-Sale Clauses; Assumption Agreements.... Section 3.15

  • Fund Accounting The Trustees may in their discretion from time to time enter into one or more contracts whereby the other party or parties undertakes to handle all or any part of the Trust’s accounting responsibilities, whether with respect to the Trust’s properties, Shareholders or otherwise.

  • Portfolio Accounting Services (1) Maintain portfolio records on a trade date+1 basis using security trade information communicated from the Fund’s investment adviser.

  • Contractual Settlement Date Accounting (a) Bank shall effect book entries on a "contractual settlement date accounting" basis as described below with respect to the settlement of trades in those markets where Bank generally offers contractual settlement day accounting and shall notify Customer of these markets from time to time.

  • Permitted Withdrawals and Transfers from the Master Servicer Collection Account (a) The Master Servicer will, from time to time on demand of a Servicer or the Securities Administrator, make or cause to be made such withdrawals or transfers from the Master Servicer Collection Account as the Master Servicer has designated for such transfer or withdrawal pursuant to this Agreement and the related Servicing Agreement. The Master Servicer may clear and terminate the Master Servicer Collection Account pursuant to Section 10.01 and remove amounts from time to time deposited in error.

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