Unlike assets, which provide future economic benefit, or liabilities, which represent future obligations, expenses represent money that has already been spent or committed as part of running the business. The recognition and recording of expenses depend on the accounting method. Accrual basis accounting, mandated for most larger businesses under Generally Accepted Accounting Principles (GAAP), recognizes…

In addition to covering the services required by federal Medicaid law, all states elect to cover optional benefits including prescription drugs and home care. Home care, also known as home- and community-based services or HCBS, is long-term care provided in non-institutional settings including homes, day care centers, and assisted living facilities. Other long-term care is provided in institutions…

Invoice factoring companies connect businesses with the cash they need by purchasing their outstanding invoices and assuming responsibility for collections. Factoring companies are often more concerned with the creditworthiness of a business’ customers, so this source of financing is ideal for businesses with less established credit. With spot factoring, you also won’t have to worry…

” on the login screen and follow the instructions to answer a series of security questions to change your password. Then, use your user ID and new password to log in to the application. And follow the instructions to answer a series of security questions to change your password. I was told I would have…

Intuitive and intelligent, it lets you manage your employees’ time and attendance, shifts, and time off – from any device. Unlike other workforce management products on the market, ADP Workforce Manager has a wide variety of access options, including features for planning, scheduling, absence management and performance tracking. We offer our own unified HCM solutions…