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.
1.Finance: An authorization to incur expense or obligation up to a specified amount, for a specific purpose, and within a specific period. 2.The amount so authorized. The budget and finance committee increased the allocation for member education this year after several industry changes required new skill development. Allocation of fees were being authorized by the board of directors who set up specific rules about the purpose that those fees served in the grand scheme of things.