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

When it comes to expense reports, everyone knows the drill: Employees have to save receipts, manually input expense details and submit expense reports; managers need to understand context and question ...

When it comes to investing in mutual funds or exchange-traded funds (ETFs), one of the most important factors to consider and understand is the expense ratio. An expense ratio measures how much you’ll ...

Expense accounts are an integral part of the double-entry system of accounting and are used to record various costs businesses incur. The way expense accounts work is relatively simple, but to use ...

When it comes to anything in life, you don't want to pay more for anything if you don't have to. Not wanting to pay for anything you don't have to is also true with investing. You want to maximize the ...

It is often easiest for a business owner to compensate employees for spending personal funds on business expenditures by simply adding reimbursement sums to paychecks. This practice reduces the number ...

When thinking about any business expense, I like to start with two words — ordinary and necessary. These two words are at the center of how the IRS defines a business expense. But they may not mean ...

Expense management is crucial for businesses. These handy digital tools simplify how organizations record, manage and analyze expenditures. However, each platform targets different demographics. Some, ...

Expense reimbursement and reconciliation processes are demanding on businesses. But it’s especially rough without an expense management software solution. These tools can transform your expense ...

Individuals traveling for University-related business may be reimbursed. The policies and procedures described herein are in general terms to allow reasonable flexibility and do not cover every ...

Preapproval is Required for All UB Faculty and Staff Travel University faculty and staff must get preapproval from their supervisor before traveling overnight. A new electronic preapproval request ...