Bookkeeping

When you use a prepaid card, you’re only using the money that you’ve loaded onto it. You aren’t borrowing any money, and the card doesn’t draw from any other financial accounts you may have. Another item commonly found in the prepaid expenses account is prepaid...

Resources to navigate accounting and reporting effects of the current environment, recent SEC, private company-specific standard setting, and much more. A depreciable asset is anything that can wear out over time, such as a building or car. Also include a separate negative asset account to...

Free cash flow shows the same, while also subtracting the company’s capital expenditures from that operating cash flow figure. Understanding a company's operating cash flow is vital to judging its financial health. This article includes the most useful expert tips to help you comprehend operating...