Accounting
Everything you need to know about closing your books accurately and on time. Meet the next generation of accountants driving the profession forward.
ArticleGuide to accounting for credit card rewards
Matt Vickers
Director of Product, Ramp
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Tax accounting: What it is and how to choose a method
Tax accounting sets when income and expenses count on your return. Cash, accrual, and hybrid methods each fit different businesses and records.
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Fixed vs. variable expenses: Differences explained
Fixed expenses like rent and insurance stay the same each month, while variable expenses like materials, shipping, and commissions rise and fall with activity.
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What are liquid assets? Definition and examples
Liquid assets are cash or near-cash resources you can convert to cash quickly with little loss in value, like bank balances, money market funds, and stocks.
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Notes to financial statements: Definition and examples
Notes to financial statements are disclosures that explain accounting policies, estimates, and material details behind a company's reported financial results.
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Expense account: Definition, examples, and types
An expense account records business costs by category for an accounting period, increasing with debits and closing to retained earnings at period end.
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The 3 key financial statements and what each one measures
The 3 key financial statements, income statement, balance sheet, and cash flow statement, show whether you're profitable, what you own, and where cash went.
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