Bank account terminology is oftentimes confusing and a misunderstanding can lead to overspending and the penalties that result. There is a clear difference between your small business account balance ...

Knowing exactly how much money you have to spend is the foundation of personal finance. It helps you avoid overspending and keeps your budget in check. With online banking and mobile apps, monitoring ...

Bank reconciliation is an essential part of the accounting system for a small business. During the process, the owner or the accountant compares the general ledger balance to the bank statement ...

Whenever you're budgeting out your money, it's important to understand how much money you have at any given time, but not all bank balances are equal. Making a mistake between your current and ...