Businesses make advance payments for a variety of different expenses. Any expense that is paid in advance of actually receiving the benefit of the payment is considered a prepaid expense for ...

Many businesses pay for blocks of certain services up front. These services retain a monthly value to the business but may not be expensed, or charged to an expense account, in full at the time the ...

Businesses and individuals alike incur expenses. To generate revenue, entities must pay for expenses such as supplies, wages, facilities, utilities, rent, equipment, and vehicles. For corporations, ...

Are you looking to improve the way your business manages its expenses? Prepaid cards present an adaptable and flexible alternative payment option that can help businesses manage and gain visibility ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Chip Stapleton is a Series 7 and Series 66 license holder, CFA Level 1 exam holder, and ...

Discover how accruals affect company finances, with insights into the accrual accounting method, its applications, and examples illustrating its principles.

You can submit reimbursement for your prepaid airfare expenses purchased in advance of a trip. However, first be sure to confirm with your department that this is allowed. While airfare is a travel ...

For decades, employee expense reporting has followed a familiar path: employees submit reports, managers approve them and the accounting department performs a final review. This workflow made sense ...

The handling of prepaid expense deferrals and expense accruals will be consistent with the last nine fiscal years. General Accounting processes all prepaid expense deferrals and accruals for all of ...

Prepaid card company PEX Card, which offers a prepaid Visa expense card to small and medium-sized businesses, has picked up another round of funding, with a $3.2 million Series B. The round was led by ...

If you’re running a small business it can be difficult to keep track of expenses. This is particularly true if you have employees who need to charge company-related spending to the business. Business ...

The handling of prepaid expense deferrals and expense accruals will be consistent with the last nine fiscal years. General Accounting processes all prepaid expense deferrals and accruals for all of ...