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(subsidiary account), the intermediate link between synthetic accounts and analytic accounts.

In contrast to synthetic accounts, which are called first-order accounts, subaccounts are second-order accounts, and the analytic accounts they unite to form are third-order accounts, fourth-order accounts, and so on. Subaccounts are used for accounting data of various nomenclature. Thus, the synthetic account “raw and other materials” is divided into five subaccounts, each of which, in turn, may be expressed in greater detail in an analytic account according to place of storage and according to type or group of material assets. Subaccounts are brought into use in order to obtain generalized indicators that are uniform for all enterprises and that supplement the indicators of synthetic accounts. Subaccounts usually establish the direction in which synthetic accounts are given further detail. They are provided for by the bookkeeping plan of accounts and are used for compilation of reports and for analysis of account indicators.

The system of institutions of the Gosbank of the USSR and the Stroibank of the USSR make use of settlement subaccounts, current subaccounts, loan subaccounts, and correspondence subaccounts. Such subaccounts are opened by economic organizations with enterprises not on khozraschet (profit-and-loss accounting) and with organizations in other populated areas located outside of the area of activity of the bank institution in which the principal accounts have been opened.

References in periodicals archive ?
Live bidding session for allocation of debt investment limits (worth Rs 8,314 crore) for FII/FPI/ sub-accounts shall be conducted on November 24, 2017 on exchange's 'ebidxchange' platform," BSE said.
It is expected that carried finances in one package but with three sub-accounts in 2018.
5 billion in assets under management as of October 31, 2016, across retail mutual funds, exchange traded funds (ETFs) and variable product sub-accounts, MainStay Investments is the mutual fund and ETF distribution arm of New York Life Insurance company.
GES EX now has a built-in series of fund front-end trading features, which allow fund manager to allocate stock trades to sub-accounts in different methods, including by specifying a percentage of NAV, by position ratio of sub-account or number of shares etc.
As per complaint received in NAB, M/s ACE Securities (Private) Limited is alleged for handling of securities entered in the sub-accounts maintained under its participant ID without authority of the sub-account holders in violation of applicable laws.
5 million shareholder accounts, including sub-accounts as of March 31, 2015.
According to the Sub-Accounts Unit of the Ministry of Tourism, out of a total 9 million tourists to Egypt last year, the total number of Arabs that visited Egypt reached 1.
Typically, the average VA has roughly 60 sub-accounts.
One key additional benefit in variable annuities is the ability to exchange sub-accounts with no current income tax consequences and at low or no cost.
The system-generated statements provide details about the securities position in Sub-Accounts in terms of balance available, and pledged etc.
For example, Bluebird allows cardholders to establish up to four sub-accounts on every Bluebird account at no charge.
25 percent starting at age 65, it also features an advanced volatility-management strategy developed by risk-management specialist Milliman that incorporates TOPS exchange traded fund (ETF) portfolios from ValMark Advisers and futures-based equity positions into the annuity's sub-accounts.