Insurance expense does not go on the balance sheet because it reflects a specific amount you have spent, rather than an asset or liability at a particular moment in time.

Balance Sheet Classification of Deferred Expenses. Companies that use accrual accounting often end up with deferred expenses on their balance sheets. That's because under accrual accounting ...

Discover the best business expense tracker apps available today. We selected these apps based on their features, pricing, reputation and more.

If you have Microsoft Office, consider Microsoft Excel's suite of budgeting templates designed to fit many different needs, ...

This method of using Google Forms with Google Sheets was ostensibly designed to gather and analyze survey data, but with a few tweaks it works just as well to record your financial transactions ...

Microsoft Excel and Google Sheets were my usual go-to solutions for planning and splitting holiday expenses with my friends and family. For years, I’ve struggled with maintaining complicated ...

From software and payroll to equipment rentals, business expenses can add up quickly. To prevent wasting money on unnecessary expenses—and to free up capital for necessary ones—it's crucial ...

A prepaid expense is a good or service that has been paid for in advance but not yet incurred.

BB&T in Winston-Salem, N.C., reported an increase in earnings that reflected good expense control and careful balance sheet management. Third-quarter profit rose 32% from a year earlier to $789 ...