Expenses

Introduction "Money often costs too much." - Ralph Waldo Emerson It takes money to make money. Companies exist primarily to make money, but in due process, they incur...

What Is Imprest Cash?  An imprest is a cash account organisations rely on for routine and minor expenses. The cashier replenishes the account frequently to maintain a fixed...

Introduction Many expenses facilitate the functioning of a business, and SG&A expenses form a significant portion of them. SG&A costs are the selling, general and administrative expenses of...

What are Incidental Expenses? Businesses can't account for every single expense they make. This happens because some expenses are so small and unpredictable that they never appear during...

Introduction The physical, fixed assets lay the foundation for the business. They enable the production and manufacturing of the business’ main offerings and facilitate the overall functioning of...

Non-Operating Expenses From production to sales to marketing- it takes a gold mine to fund a business. What is incredibly daunting is that these everyday expenses are still...

Introduction Are you confused about whether to use the term “expense” or “expenditure”? You’re not the only one who feels this way. The majority of people believe that...

Operating Expenses It takes a village to run a business, and it takes another one to pay for running it. Out of the million expenses a company incurs,...

What are Selling Expenses? Selling is one of the, if not the most essential functions in any business. Sales bring in revenue for companies to function and grow....