A general ledger provides a complete record of financial transactions for a business. Learn how it works and why it is important in our guide.

Individuals and businesses often make payments, such as rent or insurance, in advance of when payments are due. Learn who benefits when expenses are prepaid.

Keeping records for most organizations requires a double-entry bookkeeping system, which keeps transactions in a general journal and a general ledger.

How to Credit & Debit Your Advertising Expenses. When your business incurs an advertising expense, proper accounting in your general ledger is essential for accurate tax reporting. Your income and ...

Some companies are misrepresenting when food and wellness expenses can be paid or reimbursed under flexible spending accounts and other health spending plans, the IRS is warning, stressing that ...

Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced reductions in corporate administrative and general expenses as part of its ongoing efforts to enhance ...

For accounting departments, no software is more important than the general ledger system. It’s the central hub that summarizes all financial transactions, providing the essential data needed to ...

Thurmont’s Board of Commissioners is considering about $4.9 million in expenses in the town’s general fund for fiscal year 2026 — up from about $4.7 million allocated for general fund ...

Boston-based Mass General Brigham, a 15-hospital system, has reported an $81.6 million operating gain on revenue of $5 billion in Q1 2024.

Hall County Solicitor General Stephanie Woodard has been indicted on 11 counts of theft by taking and 34 counts of false statements and writings.

THE COURT OF ARBITRATION; JUDGE FANCHER ON A POINT OF MARINE INSURANCE LAW. VERDICT FOR THE PLAINTIFFS IN BECKER AGAINST THE GENERAL INSURANCE COMPANY--PARTICULAR AVERAGES MUST INCLUDE EXPENSES ...

Some companies are misrepresenting when food and wellness expenses can be paid for by FSAs, HSAs and other health spending plans.