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Expense Tracking
Track all your expenses in one place - for you and your team
Expense Report
Stay tax-ready, and create reports accountants love
Approval Flow
Speed up approvals & ensure quick reimbursements
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Snap a photo, create & manage expenses - anywhere, anytime
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Your Business Finance & Operations Glossary
Essential terms every small business needs to know—covering expenses, cash flow, tax prep, and smarter financial decisions.
ARPU
ARPU Explained: Critical Metric to Boost User Revenue
Accounting equation
Accounting Equation: Key to Accurate Financial Reporting
Accounting period
Accounting Period: Enhance Financial Accuracy & Reporting
Accounting software
Accounting Software: Simplify Finances & Boost Efficiency
Accounts Payable (AP)
Refers to the money that a company owes to its suppliers
Accounts Receivable (AR)
AR represents outstanding invoices that haven't been paid yet, reflecting future cash inflows.
Accrual
Accrual Accounting: Understand its Benefits and Challenges
Accrual accounting
Accrual Accounting: Boost Accuracy & Financial Insights
Advisory in accounting
Advisory in Accounting: Strategic Insights for Growth
Amortization
Amortization Explained: Debt Repayment & Asset Cost Allocation
Annual report
Annual Report: Key Financial Insights & Strategic Overview
Assets
Assets Explained: Types, Benefits & Asset Management Tips
Audit
Audit: Independent Evaluation Ensuring Compliance & Accuracy
Balance sheet
Balance Sheet: Essential Snapshot of Company's Finances
Bank reconciliation
Bank Reconciliation: Verify & Align Financial Transactions
Basis of accounting
Basis of Accounting: How Businesses Record Transactions
Book value
Book Value: Net Asset Worth Guiding Smart Investing Decisions
Bookkeeping
Bookkeeping Explained: Simplify Finances & Boost Success
Bookkeeping and accounting (difference)
Bookkeeping vs Accounting: Know the Key Financial Difference
Break-even point (calculation)
Break-even Point: Calculate When Costs Equal Revenue
Budget Variance
Budget Variance: Key to Better Financial Control & Growth
Budgeting
Budgeting 101: Master Your Finances & Achieve Your Goals
Business Accounting
Business Accounting: Master Your Finances & Boost Growth
COGS (calculation)
COGS Calculation: Accurately Assess Your Cost of Goods Sold
Capital
Capital Explained: Types, Uses & Economic Importance
Capital expenditure (Capex)
Capex Explained: Investing in Long-Term Business Assets
Cash Flow
Cash Flow: Master Your Finances for Business Sustainability
Cash accounting
Cash Accounting: Simple Method Tracking Cash Flow Clearly
Cash and accrual accounting (difference)
Cash vs Accrual Accounting: Key Differences Explained
Cash flow
Cash Flow Explained: Managing Your Financial Health
Cash flow management
Cash Flow Management: Control Cash & Grow Your Business
Cash flow statement
Cash Flow Statement: Track Liquidity & Financial Health
Chart of accounts
Chart of Accounts: Structured List for Financial Management
Commercial invoice
Commercial Invoice: Essential Document for Global Trade
Cost of Goods Sold (COGS)
Cost of Goods Sold (COGS): Calculate & Boost Your Profits
Cost of sales
Cost of Sales: Understanding Expenses to Boost Profitability
Cost of sales (calculation)
Cost of Sales: Understand, Calculate & Boost Profitability
Current and fixed assets (difference)
Current vs. Fixed Assets: Key Differences and Examples
Current and non-current liabilities (difference)
Current vs Non-Current Liabilities: Key Financial Differences
Current assets
Current Assets: Essential Indicators of Business Liquidity
Current liabilities
Current Liabilities: Short-Term Debts & Financial Obligations
Current ratio
Current Ratio: Measure of Short-Term Financial Liquidity
Depreciation (Accounting)
Depreciation: Maximize Profits & Reduce Taxes Strategically
Direct cost
Direct Cost: Clearly Defined Expenses Tied to Production
Dividend
Dividend: A Company's Profit Shared with Its Shareholders
Dividend yield
Dividend Yield: Understand Stock Returns from Dividends
EBITDA
EBITDA Explained: Measure Your Business's Core Profitability
Earnings per share (EPS)
Earnings Per Share (EPS): Key Metric for Company Profitability
Financial Statements
Master Financial Statements: Boost Profits & Drive Growth
Non-current assets
Non-Current Assets: Long-Term Resources for Stable Growth
Non-current liabilities
Non-current Liabilities: Long-term Financial Obligations
Operating Expenses (OPEX)
Operating Expenses (OPEX): Optimize Costs, Boost Profitability
Operating expense
Operating Expense: Key Costs Impacting Business Profitability
Operating profit
Operating Profit: Core Measure of Business Profitability
Operating profit (calculation)
Operating Profit: Calculate & Boost Core Business Earnings
Opex and Capex (difference)
Opex vs Capex: Key Differences in Business Expenditures
Overhead
Overhead: Indirect Business Costs Impacting Profitability
Passive income
Passive Income: Earn Ongoing Returns with Minimal Effort
Pay stub
Pay Stub: Essential Document for Tracking Income & Deductions
Payroll
Payroll: Accurate Employee Compensation & Compliance
Payroll records
Payroll Records: Essential Documents for Compliance & Audits
Petty cash
Petty Cash: Efficiently Manage Small Business Expenses
Pro forma financial statement
Pro Forma Financial Statement: Project Future Financial Results
Profit
Profit: Understand Financial Gains & Boost Business Success
Profit (calculation)
Profit Calculation: Measure Your Business Financial Success
Profit and Loss (P&L) Statement
It acts as a financial snapshot over a specified accounting period, allowing business owners and investors to quickly assess financial health and operating success.
Profit and loss statement
Profit and Loss Statement: Track Revenues, Costs & Profits
Profit margin
Profit Margin: Key Metric for Measuring Business Profitability
Profit margin (calculation)
Profit Margin: Key Metric to Measure Business Profitability
Profitability
Profitability: Measuring Business Efficiency and Success
Purchase price allocation (PPA)
Purchase Price Allocation (PPA): Asset Valuation in M&A
Quick ratio
Quick Ratio: Measure Your Company's Short-Term Liquidity
Quick ratio and current ratio (difference)
Quick vs. Current Ratio: Key Liquidity Metrics Explained
ROI for small businesses
ROI for Small Businesses: Maximize Profit and Efficiency
Reconciliation
Reconciliation: Ensure Accurate & Reliable Financial Records
Retained earnings
Retained Earnings: Profits Reinvested for Business Growth
Return on Investment (ROI)
ROI evaluates how much value an investment generates relative to its initial cost
Return on Investment (ROI)
Return on Investment (ROI): Maximize Your Investment Gains
SMBs
"SMBs" stands for small and medium-sized businesses.
Self-employment tax
Self-Employment Tax: Essential Guide for Independent Workers
Sole proprietorship
Sole Proprietorship: Simple Business Structure Explained
Stock management
Stock Management: Optimize Inventory & Maximize Profits
TTM
TTM Explained: Real-Time Financial Metrics for Investors
Tax Management
Tax Management: Maximize Savings & Ensure Compliance
Tax deduction
Tax Deduction: Reduce Taxable Income & Boost Your Savings
Trade creditors
Trade Creditors: Boost Cash Flow with Supplier Financing
Trade debtors
Trade Debtors: Managing Credit Sales for Healthy Cash Flow
Turnover
Turnover: Understanding Employee, Asset & Inventory Cycles
Variable cost
Variable Cost: Expenses That Change With Production Levels
What Is Profit Margin and How to Calculate It
In simple terms, profit margin helps businesses measure how much money they keep for every dollar they make.
