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 ...

Learn about rent expenses, including definitions, components, and impacts on businesses. Explore different lease types and tax implications for informed decision-making.

Keeping accurate accounting records is an important part of running a successful small business. In addition to protecting your business in case of an audit, organized records help provide a picture ...

Accurate expense reporting also reflects company values, with transparent systems creating environments where employees feel fairly compensated without subsidizing business operations themselves.

Expense reporting consistently ranks among the most frustrating financial tasks in modern workplaces. Employees collect receipts, navigate confusing policies, and often wait weeks for reimbursement ...

This guide from Brex tackles expense claims from all angles to help streamline this universal challenge. It covers what qualifies as a legitimate business expense, examines the various types of claims ...