I'm viewing my account statement. What do the transactions and headings (e.g. Trans Date, Description, Source) mean?
As shown below, transactions are financial records that increases or decreases the balance of your account. Each row represents a transaction.
Please refer to the following for the heading/column meanings:
- Trans Date - Transaction date is the date when the transaction occurred or will occur (e.g. when you purchased/subscribed to a Parent Relief service or product).
- Posting Date - Posting date is when the transaction is finalized, posted and displayed to you (e.g. charged to you).
- Description - Where available, the description of the transaction such as purchase order number and payment information.
- Source - Type of transaction.
- Amount - Transaction amount. Your balance is adjusted equal to the transaction amount. Any amounts with a bracket (or parenthesis) decreases your account balance and represents a credit transaction such as a payment.
- Balance - Running balance of your account.
Additionally,
Previous balance represents the account balance carried over from the day before the start date of the account statement you are viewing. For instance, if the date range you used to view the account statement or transactions is from February 1, 2008 - February 29, 2008, previous balance is equal to your account balance on January 31, 2008. In other words, if the balance on January 31, 2008 is $100, the previous balance of the account statement with a starting date range of February 1, 2008 is $100.
Balance as of Date, On the other hand, represents the final balance of the account statement you are viewing.
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