When you run a business, you deal with two basic accounts. An income account and an expense account help you manage your business's cash flow. The expense account or allowance, is an account that ...

The U.S. has developed a new kind of class division that Karl Marx never conceived of—people with expense accounts v. people without them. And as that Great Leveler, the Internal Revenue Service, is ...

An expense account sounds simple enough, but it actually means two different things in business. First, it’s the process that lets employees pay for work expenses and get reimbursed by their company.

Business travelers beware – the next time you think about charging little extras to your expense account, consider worst-case scenarios. One woman was immediately fired for putting a $9.95 hotel room ...

An expense account sounds simple enough, but it actually means two different things in business. First, it's the process that lets employees pay for work expenses and get reimbursed by their company.

When you use the accounting software QuickBooks, you can set up a list of accounts into different categories such as liabilities, assets, expenses and income. When you want to review information about ...

Update: This post has been updated with information about the expense reports violations at Herbalife. The current battle between advertising giant WPP and its founder, Martin Sorrell, shines another ...