Discover how accounts payable function as short-term liabilities, not expenses, and learn how they impact a company's ...

An expense account sounds simple enough, but it actually means two different things in business. First, it’s the process that lets employees pay for work expenses and get reimbursed by their company.

Learn how accounting spreadsheets work with real examples of journals plus when to switch to accounting software.

Discover how gross profit and operating income differ and why both are crucial in assessing a company’s financial health. Get ...

There are two main categories of expenses that a business can incur: overhead and operating expenses. Operating expenses are those that a business incurs as a result of its normal operations. These ...

The specific inclusions and exclusions can vary significantly based on the type of lease (e.g., Gross, Modified Gross, Triple Net) and are often heavily negotiated. One common provision found in ...

A maintenance technician comes to your department to repair a specialized copy machine not under a rental contract and you need to code the expense correctly. Thus, you use the CU-Data m-Fin Account ...

An expense account sounds simple enough, but it actually means two different things in business. First, it's the process that lets employees pay for work expenses and get reimbursed by their company.