What expense category is bookkeeping?
There is no definitive answer to this question, as it will depend on the specific bookkeeping system used by a business. However, some common expense categories for bookkeeping include office expenses, professional fees, and software costs.
This is likely the most common expense category for bookkeeping, as it will include costs associated with running a physical office space. This can include rent, utilities, furniture, and other similar costs.
If a business employs a professional bookkeeper, they will likely have associated costs such as an hourly rate or a monthly retainer. These costs can be significant, so it is important to factor them into the budget.
Another common expense category for bookkeeping is software costs. This can include costs for accounting software, bookkeeping software, and any other software that is necessary for the bookkeeping process. These costs can add up, so it is important to compare different options before making a purchase.