Spenmo

NOVEMBER 3, 2022

Employees will occasionally spend their own money to pay for work-related expenses—office supplies, sales calls, and meals and lodging during business trips and company events, among others. These costs are an extension of your business expenditures and should be part of your company expense reimbursement policy.

Expense Reports 52

Expense Reports Budgeting Account Reconciliation Deposits 52

Nanonets

MAY 8, 2023

Audit trails should include key information such as what, who, when, where, and how to document each step of a transaction or event. An audit trail is a date and time for a transaction, event, project, or entry. Book a free call Read more Accounting Articles: What is accounts payable process? What is an Audit Trail?

Auditing 52

Auditing Accounts Payable Accounts Payable Purchase Order 52

Nanonets

MAY 8, 2023

Accounts receivable can be used to offset income taxes owed, which can reduce a company's tax liability. Accounts receivable can also be used as a source of cash in the event of an emergency. If a company needs to raise cash quickly, it can do so by selling its accounts receivable to a third party.

Accounts Receivable 52

Accounts Receivable Accounts Receivable Account Receivables AR 52