Bank Routing Numbers. Bank Routing Numbers. Bank routing number or routing transit number (RTN) is a nine digit number used to identify financial institution in a transaction. Most common transaction types where routing numbers are used are ACH and wire transfers.
Expense Accounts. In financial accounting, expense is: The consumption of the business' own resources (assets). Examples: consumption of supplies, cash, materials inventory and deterioration of equipment etc. OR. The creation of a liability against the business when it consumes resources from outside.
Operating expenses are expenses incurred by a company in the course of doing business. These expenses include anything necessary for the continued productivity and operations of the company, including ancillary expenses incurred as a result of the operations. A company will commonly look at cutting operating expenses if it is not profitable or if it wants to reduce costs.