Accounts receivable is an account that shows the amount of revenue you have earned but not collected. Companies that sell supplies or products on account to buyers typically maintain a balance in ...

When you think about it, it’s so much easier to spend, than it is to set aside money in a savings account. What’s the point, right? Every time you transfer money into your savings account, you touch ...

Basic bank accounts provide a ‘no-frills’ banking service. Free to open and maintain, this type of current account takes care of basic day-to-day money management such as making and receiving payments ...

There are several types of checking accounts to choose from, including basic, joint and specialty options. Some offer rewards or interest, while others are built for students, seniors or those ...

Most of us having a checking and savings account—that's pretty standard. But there are a handful of other kinds of accounts offered by banks and credit unions. We thought we'd put together a primer on ...

One notable feature is that account holders can deduct from their own income the amount of HSA contributions made to their account by other people—but not the employer. The first day of the 2020 ...