Learn about suspense accounts, their purposes in business, mortgages, and investments, and how they temporarily handle ...

An organization's general ledger holds the accounting entries that describe all money coming into or leaving a company. Keeping accounting books manually carries the risk of recording one side of a ...

An asset is anything, tangible or intangible, that has economic value to its owner or could have economic value in the future.

Savings accounts are available mainly at federally-insured banks and credit unions, providing a secure means to store your money while earning a small to moderate amount of interest. Although many big ...

A chart of accounts helps organize your business’s transactions to reveal where money is coming from and going to. Many, or all, of the products featured on this page are from our advertising partners ...

A high-yield savings account pays significantly more interest than traditional savings accounts — currently up to 10 times the national average. These accounts are typically offered by online banks ...

Accounts payable is an entry in a company's general ledger representing what it has to pay to vendors or creditors in the short term. Because the accounts payable section of a company's ledger ...

Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their website.

What Is a Student Bank Account? A student bank account is a unique financial product tailored specifically for those in higher education. Banks understand that students have different financial needs ...

Brokerage accounts are offered by investment firms called broker-dealers that are regulated by the Financial Industry Regulatory Authority, or FINRA. Different brokers have different fee structures ...