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 ...

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 ...

A savings account is a safe place to store cash and earn interest. Rates on some accounts are above 5%. Many, or all, of the products featured on this page are from our advertising partners who ...

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 ...

The notes below are a basic review of investment prudence. We discuss balanced accounts that are important investment vehicles for certain types of investable assets where risk management and ...

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 ...

Courtney Reilly-Larke is the deputy editor of Forbes Advisor Canada. Previously, she was the associate editor of personal finance at MoneySense. She was also managing editor of Best Health Magazine ...