How do you account for expenses? I don’t mean, how do you book them. What I mean is, what documentation do you collect and keep to make sure (and be able to show) that the expenses are real? In other words, what is your proof of delivery? In one of my previous blogs I...
Are you also receiving all sorts of invoices for next year these days? I got mail from insurance companies, my newspaper subscription, office rent and whatnot. Companies asking me (or my organisation) to pay upfront for services they will provide to me in the future,...
What is an expense in accounting? What kind of question is that?????? Read on and you will understand the question and why it is relevant. I promise! My motto is Finance is for Everyone and I stand by it always. With this I mean to say that everyone in your...
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