How to use debits in a sentence

Looking for sentences and phrases with the word debits? Here are some examples.

Sentence Examples Although the card-holder reported the matter promptly on both occasions, the bank allowed the debits recorded by the terminal to stand. It automatically debits the children's allowance monthly payment to its Childcare deposit account. My bank incorrectly debits a transfer twice from my account, sending me massively overdrawn and making my account unusable for days. My bank incorrectly debits a transfer twice from my account, sending me massively overdrawn. If you get fed up writing loads of cheques, you've probably set up a number of direct debits, standing orders or credit-card payments. The move will result in the bank offering direct debits, cheque books, standing orders and other money transmission services in its own right. It is not uncommon for banks and financial institutions to overcharge direct debits or standing orders by mistake. Churches increasingly are handling tithing electronically through automatic debits for dependable cash flow. Even the most creative of accountants would have difficulty reconciling these uncertain credits and debits. Automated clearings are used for credit and debit transfers such as standing order payments, direct credits, and direct debits. At this stage there is a lot of paper work to be completed such as, direct debits, life assignments, legal documents. So, dig out your latest bank statement, check it carefully and cancel the direct debits and standing orders that you don't need any more. Sure, you too may have received credit from your supplier, but balancing the debits and credits is surprisingly difficult to manage. There is simply a series of debits and credits which are causally and transactionally linked. The regulations mean that the old bank now has to send the new bank details of direct debits and standing orders within five working days. The general statements formulated by these companies followed not the double-entry system, but the Venetian style of credits and debits. Alternatively, the page was divided into two columns for recording debits and credits. This is good news, because problems with transferring direct debits, standing orders, etc. has put off many of us from switching in the past. Instead, they saw, and only infrequently, the madam's account book, listing debits and credits, with the larger totals in the debit column. Distributors even disagreed about how they would go about calculating credits and debits. Show More Sentences On the contrary, these are among the most lamentable debits on the balance sheet of empire. As is now done, debits were recorded on the left page and credits on the right one. As his business is largely cash-based, he doesn't write a lot of cheques or have many debits and credits. The real challenge is in identifying the best way of creating a market for emission debits and credits. Make sure all charges are for items you bought and all withdrawals from your account are for checks or debits you made. It has to do with accounting for debits and credits within the tax system which Parliament has mandated. Now I am overdrawn on the bank through direct debits and simply cannot afford the childcare costs as well as my other costs. Under the new Code, your existing bank must provide your new bank with a list of all your regular debits and credits within three working days. Additionally, the bank would have to override and remove any bounced check fees or other debits from affected accounts caused by the error. I'm signed up to my pathetic monthly direct debits to charities and campaigning organisations. Make sure you have enough money in your account to cover any direct debits, standing orders or cheques you have issued to avoid paying extra charges. One of the biggest problems for people on low incomes is that they may have incurred hefty bank charges because direct debits have bounced or they have gone overdrawn. It is good news for the cost-conscious consumers as there is no cost for using the service, compared with direct debits, bank transfers or mailing payments. So he didn't have far to look when it came to claiming on their life insurance policies, sorting out paying off the mortgage and cancelling her personal direct debits. Each should contribute an agreed amount to the joint account to meet all the monthly direct debits, and what's left is their own to spend as they wish. The sawmill ledger included a chair account containing a few debits and numerous credits for various types of chairs, likely fashioned from the sawmill's output. The point is that accounting is not as simple as debits and credits. Before we know what has happened, the transaction trail starts to get out of hand and scores of debits and credits are going through our account on an almost weekly basis. Personal checks and automatic debits for monthly bills are a novelty. However, students with PTSB accounts pay no quarterly account fees and no fees on ATM and Laser transactions, cheque debits, counter lodgements and withdrawals. Show More Sentences For example, banks in Germany require MS-DOS files in DTAUS0 format for payments by domestic transfer or direct debits. This module allows you to upload direct debits and send them to your bank so that your customers can be debited. I acknowledge that this agreement may be terminated by you if regular periodic debits are dishonored. The service enables banks of all sizes to outsource the processing of SEPA direct debits completely. The banking industry's self-imposed deadline of December 2010 for SEPA credit transfers and direct debits to be in general usage will not be met. A debit authorization from the debtor forms the basis for the collection of direct debits, along with a bank account for both parties. It remains important despite the spread of cards, direct debits and other forms of cashless payment in recent decades. However, account holders have to pay a yearly £24 fee for the account, pay in a minimum of £500 a month and set up at least two direct debits. When budgeting forced her to cancel some of her many direct debits, she seems to have received calls from charities asking her to restart them. Overall, there is an urgent need for the EPC to clarify the features of all of these new elements of the SEPA direct debits in precise detail. Daily Reconciliation: Reconcile your daily business banking transactions every day, including all debits and all credits on all accounts. Both methods allow debits directly to the client's accounts at the investment company. The Trust will obtain my authorization for any other one-time or sporadic debits. But I save the most time by collecting expense accounts from parents through direct debits. Nevertheless, visual debits were more than balanced out by vocal credits. This is not a formal accounting journal with debits and credits. The competitor, partnered by his longstanding navigator, completed the entire course exactly on time and reported to all six checkpoints on time earning no debits. If you do this, debits to campaign service orders as well as debits to production orders that result from allocation of campaign service orders will be displayed in the itemization. Invalidation and reversal refers to any form of voidance, cancellation or unwinding of debits, credits, designating entries or removals of designating entries under any rule applicable in an insolvency proceeding. These positions are entered into ACSS by the end of day T, through magnetic tape as electronic pre-authorized debits, by the direct clearers for Visa and MasterCard. Show More Sentences An all inclusive package to simplify your banking including unlimited transactions, credit card rebates, unlimited debits at other bank ATMs, and much more. The service offering enables the two banks to outsource the entire processing of customer direct debits and thus avoid an expensive adaptation of their own payment traffic infrastructure. We also allow departments to carry over budget debits and credits. Travel debits are defined as goods and services acquired for a traveller's own use or to be given away, from another economy, by a resident during a visit. The tax policy adopted for the current fiscal year presents an opportunity to reduce the impact of taxes on banking account debits and credits even further. They can ensure that a critical mass of direct debits can be moved from existing national formats to the SEPA formats within a reasonably short period of time. In this respect, particular attention should be paid to providing clarity on all features of direct debits, addressing the need for at least one additional European debit card scheme and ensuring the reachability of banks. By 1 November 2010 the reachability of payment accounts for SEPA direct debits will be guaranteed legally, allowing SEPA direct debits to be used effectively throughout Europe. After carrying out periodic reposting, you should check whether the collection cost center was fully credited, and whether the responsible cost centers received the cost allocations as debits. Standard services offered by current accounts include a cheque book, the facility to arrange standing orders, direct debits and payment via a debit card. Consult with your branch advisor or telephone banking representative as to whether pre-authorized debits or direct deposits are eligible for the Aeroplan Miles reward feature. For example, if only two of the eligible pre-authorized debits you set up are withdrawn from your UCA in September, no Monthly Bonus will be earned for that month. They also said that the government does not have any fiduciary duties, and even if it did, all debits and credits done in the accounts are done in line with legislation. In accounting costs incurred organization costs are expensed and deferred debits during the period for which it provided a non-exclusive right to use a computer program. At one time, she had 27 direct debits to different charities. Examples from Classical Literature Chicago-based LaSalle's newest service allows customers to log in and view all ACH debits received for posting to their accounts each day. The Mueller fraud was made possible, in part, by the fact that he could keep his fraud concealed by posting the debits to a ledger account of his choosing. Find more words! 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What is the opposite of debits? Words that rhyme with debits What is the adjective for debits? What is the noun for debits? Use our Sentence Generator Nearby Words debited debit card debitage debit debility debilitation deboard debonair debonaire debone Deborah debossed 6-letter Words Starting With d de deb debi debit