Does it make sense to “collect” smaller transactions balances into a single account during low activity?


In satoshi client, the "accounts" therein are only a convenience for labeling of receiving addresses. They don't matter for sending at all.

If you receive bitcoins, the balance is not added as in bank, but the amount is saved as "unspent output". Client only shows all these outputs together as one available balance. It doesn't matter whether one address has n unspent outputs, or these are on more addresses. When you send bitcoin, the fee is based on number of these outputs used and it is higher if they are very recent. So trying to consolidate them won't help much, only that you pay the fee sooner. And it isn't done "while you sleep", it's done by simply sending your whole balance minus fees to yourself.

In other clients, the fee algorithm can be completely...

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Transfer journal entries into a general ledger periodically.

The general ledger is a collection of all your accounts. For example, there will be a page in the general ledger for each of your categories of cash, accounts receivable, accounts payable, utilities expenses, etc. Then you will be able to see the totals for each type of account in a specific time period.

[3]The general ledger records information by account, as opposed to the journal, which records transactions. In other words, a single transaction transferred to the general ledger will be entered in at least two places, or accounts. For example, a sale to a customer that is paid with cash would be recorded in the journal as a single transaction, recognizing a debit to the cash account and a credit to revenues. When transferred to the general ledger, this entry would be recorded in two separate locations, the cash account and the revenues account. This allows you to see how the transaction, and the others around it,...
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Recommendations, what is it? Let us understand in order.

collection Policy recommendations practiced in Russia quite recently, this trend came to us from the markets of Europe and America, which in these matters now occupies a leading position, this is due to the creation of specialized consulting companies that collect and reference check on candidates.

According Andexclusive: «recommendation (from Postnet. гесоммеndatio) — written or oral favorable reviews». Many other dictionaries gives almost a literal interpretation of this concept.
Recommendations to candidates who are in the process of job search, they can be classified into two types: written letters and spoken is received during a telephone or personal conversation with the referee.

most Often, the written recommendation of the employee writes himself, the chief of them just signs, less often, recommendations are read by the head, and in rare cases, written by the referees. Then the question...

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Introduction to Bank Reconciliation

A company's general ledger account Cash contains a record of the transactions (checks written, receipts from customers, etc.) that involve its checking account. The bank also creates a record of the company's checking account when it processes the company's checks, deposits, service charges, and other items. Soon after each month ends the bank usually mails a bank statement to the company. The bank statement lists the activity in the bank account during the recent month as well as the balance in the bank account.

When the company receives its bank statement, the company should verify that the amounts on the bank statement are consistent or compatible with the amounts in the company's Cash account in its general ledger and vice versa. This process of confirming the amounts is referred to as reconciling the bank statement, bank statement reconciliation, bank reconciliation, or doing a "bank rec." The benefit of reconciling the bank...

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By Melody Warnick

What is a balance transfer? If you've racked up debt on a high-interest credit card, transferring the balance to a card with a lower interest rate can be a great way to simplify multiple debt payments as well as save on high interest charges. Here are the nine things you need to know before you make the big switch to a balance transfer credit card.

1. Transferring isn't the same as repaying. When you use a balance transfer card, you are, in essence, paying off credit card "A" with new credit card "B." For example, if you've been paying 13 percent interest on a $2,000 debt, you'd have to make a $347 monthly payment for six months to pay off the debt. Transfer that $2,000 to a 0 percent card and your payments will be $334, saving $77 in interest in the process. "The only real, solid, definable benefit from a balance transfer is you can save money over the long haul if you pay back the previous amount you owed and you pay it at a...

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Debit card purchases

If you make a purchase with your debit card, the merchant may request authorization for an initial amount and send us the actual transaction amount later for payment. This is often the case in places where you can add a tip to your bill (such as restaurants or salons), hotels and car rental agencies, where there can be a significant difference between the amount that's authorized initially (authorization hold amount) and the actual transaction amount. The initially authorized amount appears in your pending transactions, but the actual transaction amount is deducted from your account.

For most debit card purchases, we receive the payment request, including the actual transaction amount, within three (3) business days of the transaction. If we don't receive a final payment request from the merchant within three (3) business days, [or up to thirty (30) business days for certain types of debit or ATM card transactions including but not limited to car...

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Principles of Macroeconomics: Section 12 Main

The Balance of Payments and Exchange Rates

The Balance of Payments

In this section, we begin with a look at the balance of payments, followed by a discussion of exchange rate determination, and in the next section at policy implications.

The balance of payments is used to record the value of the transactions carried out between a country's residents and the rest of the world. The balance of payments is composed of two accounts:

The current account comprises: net exports of goods and services, (the difference in value of exports minus imports, which can be written as) NX,(1) net investment income,and net transfers.
The capital account, which is the difference between financial capital inflows and financial capital outflows.

(1) Since the large majority of the current account deals with trade of goods and services we will only discuss this component of the current...

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Here’s how to open a money market account, a type of savings account that offers the security of FDIC insurance, the higher interest rates of a savings account and the flexibility of access that comes with a checking account:

Shop around. Find a bank or credit union that’s offering a competitive interest rate with the features you value the most — don’t just go for the bank down the street or where you have your checking account (unless, of course, they are offering a great deal for bundling multiple accounts). For many consumers, the highest possible interest rate will be the biggest factor, but you’ll also want an interface that’s easy to use and solid customer service. If you want the ability to write checks, be sure to ask. Some money market accounts allow limited check-writing privileges, others may not. It’s also important to know how many transactions you’ll get before triggering a fee.

Related >> Compare money market rates

Set your deposit amount. Once...
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How to Read Financial Statements This page is designed for the sole purpose of teaching someone how to read financial statements. While intended for those with little or now knowledge of finacial statements, it can be a handy reminder even for the seasoned professional. This page is very long so an outline is provided to help you get the information you desire. (SEE OUTLINE)
If you are a certified public accountant it is most unlikely that you can learn anything from reading this book. You don't need to be told the basics of understanding what's presented in corporate annual reports. If you aren't a certified public accountant, and you find that annual reports are "over your head," this booklet can help you to grasp the facts contained in such reports and possibly become a better informed investor. That is our principal aim in publishing this booklet, but we also hope that it will be useful to other readers who want to understand...
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