GROUP ACCOUNTS Definition

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GROUP ACCOUNTS are the financial statements of a group of companies. These are usually presented in the form of consolidated accounts.

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NGULTRUM is a currency of Bhutan.

SERVICE CHARGE ACCOUNTING, in property management, is estate and property service charge accounting system that provides the mechanism for comprehensive service charge reconciliation reports for both the tenant and the property manager. Expenditure can be apportioned equally over the entire service charge period or can be allocated to a specific date range within the period. Full budget reporting and next period budget calculation routines are usually provided.

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