Bank reconciliation is any time you compare documents from a bank with documents from an account holder. Businesses and individuals will sometimes take part in bank reconciliation. If you balance your checkbook you can compare your own record keeping to the bank’s statements on your checking account and make sure they match up. This is…
Month: February 2010
Man in the Browser Attack
A man in the browser attack is a hack that can steal login information and financial account details. The attack uses Trojans and phishing techniques to gain access to a computer and steal the targets private information. The Trojan doesn’t interfere with the functioning on the computer so the user doesn’t know that his or…
Availability Float
Every time you write a check there’s a certain amount of time between when you actually write the check to when the funds are deducted from your checking account. This time can include time taken to mail the check and the time it takes the receiver to get to the bank to cash your check….
Costco Free Coupons for New Members
If you were going to sign up for a Costco membership they’re now offering a free booklet of $50 worth of coupons when you sign up. The price for membership remains the same which is $50 a year for Gold and $100 for Executive membership. The promo code is smartsave for Gold and smartsaveEX for…