Prepaid expenses are first recorded in the prepaid asset account on the balance sheet. The GAAP matching principle prevents expenses from being recorded on the income statement before they incur.

AT&T is offering new pricing for its top prepaid hotspot plan: $55 per month for 100GB of data. That’s a big boost — and a nice discount — from the previous limit of 40GB for $75 per month.

When it comes to finding a prepaid phone plan, traditional carriers like AT&T, Verizon and T-Mobile aren't your only options. Here are our picks for the best prepaid phone plans this holiday season.

T-Mobile's Unlimited Monthly prepaid plan, which has unlimited 5G for data and voice with unlimited 3G hotspot data, is now $45 per month with AutoPay ($50 for the first month) plus fees, down $5 ...

A prepaid card is not a credit-building product. A prepaid card won’t help you build credit, unlike credit cards. The upside is if you overspend, it won’t negatively impact your credit.

The Fortune Recommends TM team evaluated the top prepaid debit cards available today and ranked them based on factors such as fees, rewards, and more. Read on to see our top picks. See our full ...

Venmo does accept some prepaid cards, as long as they're from American Express, Discover, MasterCard, or Visa. Once you've linked the prepaid card to Venmo, you can send money to friends from it ...

Prepaid cards can be a good way to teach your kids how to manage money. Here's how they work and why you may want to get one.

The bottom line . Prepaid debit cards can be a useful financial tool for some people, especially those who do not have or want a bank account. They can also be a way for parents to give their kids ...