In accounting, the term "accrual" refers to a journal entry where a revenue or expense item is recorded in the absence of an actual cash transaction. Discretionary expenses are non-essential expenses ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. David Kindness is a Certified Public ...

Fixed expenses (rent, insurance) remain constant monthly, while variable expenses (groceries, utilities) fluctuate. The 50/30/20 rule allocates 50% for needs, 30% for wants and 20% for savings and ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

How big should your marketing budget be? Ask a marketer this question, and she'll say you should invest the amount that works best for your situation, based on the marketing mix set out in your ...

Employees who incurred expenses for legitimate business purposes Employees/Proxies who are authorized to enter expense reports on behalf of another employee What rules govern expense reports? NU ...

What are expense receipts and how should I track them? Manually tracking expense receipts shouldn't feel like a second job, but for most finance teams, that's what it can turn into. According to the ...