Does your accounting department struggle to keep your company’s spending and expenses in check? Most likely, it does—it’s a common challenge for small and midsize businesses (SMBs). Chasing down ...

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 ...

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.