expense accounts

expense account — expense accounts N COUNT An expense account is an arrangement between an employer and an employee which allows the employee to spend the company s money on things relating to their job, for example travelling or looking after clients. He put… …   English dictionary

expense account — UK / US noun [countable] Word forms expense account : singular expense account plural expense accounts a) a system that allows you to get back from your employer any of your own money that you have spent while working b) a record of this money …   English dictionary

Expense Account — An expense account is the right to reimbursement of money spent by employees for work related purposes. Expense accounts are regulated by the Internal Revenue Service of the United States Government and by internal auditors for many employers …   Wikipedia

Expense management — The system and/or systems deployed by a business to process, pay, and audit employee initiated expenses. These costs include, but are not limited to, expenses incurred for travel and entertainment. Expense management includes the policies and… …   Wikipedia

Accounts receivable — (A/R) is one of a series of accounting transactions dealing with the billing of customers who owe money to a person, company or organization for goods and services that have been provided to the customer. In most business entities this is… …   Wikipedia

expense — ex‧pense [ɪkˈspens] noun 1. [countable, uncountable] ACCOUNTING an amount of money that a business or organization has to spend on something: • Most advertisers look upon advertising as an expense and not an investment, which is a mistake. • The… …   Financial and business terms

Accounts payable — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …   Wikipedia

Expense — Expenses redirects here. For the row about members expenses in the UK Parliament which started about May 2009, see United Kingdom Parliamentary expenses scandal. Accountancy Key concepts Accountant · Accounting period ·… …   Wikipedia

expense — I (Roget s IV) n. 1. [Whatever is paid out] Syn. expenditure, cost, price, outlay, charge, fee, payment, outgo, disbursement, alimony, child support, value, worth, sum, amount, risk, capital, rate, custom, excise, tax, carrying charge, budgeted… …   English dictionary for students

expense account — noun an account to which salespersons or executives can charge travel and entertainment expenses (Freq. 1) • Syn: ↑travel and entertainment account • Hypernyms: ↑account, ↑accounting, ↑account statement * * * noun, pl ⋯ accounts [count] …   Useful english dictionary

Accounts Receivable Conversion - ARC — A process that allows paper checks received in payment for an account receivable to be electronically scanned and converted into an electronic payment through the Automated Clearing House. ARC saves time and the expense of actually processing the …   Investment dictionary