Expense Category
Equipment

What expense category are books?

There is no definitive answer to this question, as the correct expense category for books will vary depending on the business and the type of book being purchased. However, some common expense categories for books include:

Office Supplies

If the books being purchased are for office use, such as reference books or manuals, then they would typically fall under the office supplies expense category. This is the most common expense category for books, as many businesses need to purchase books for their employees to use in the course of their work.

Training and Development

If the books being purchased are for training and development purposes, such as textbooks or professional development books, then they would typically fall under the training and development expense category. This is a common expense category for books, as many businesses need to purchase books to help their employees stay up-to-date on new developments in their field.

Marketing

If the books being purchased are for marketing purposes, such as books about marketing or books that will be given away as promotional items, then they would typically fall under the marketing expense category. This is a less common expense category for books, but it can be applicable in some situations.

Other

If the books being purchased don't fit into any of the above categories, then they would typically fall under the "other" expense category. This is the catch-all category for expenses that don't fit into any of the other categories, and as such, it can be applicable to a wide variety of book purchases.

In general, there is no definitive answer to the question of which expense category is correct for books. The correct category will depend on the business and the type of book being purchased. However, some common expense categories for books include office supplies, training and development, marketing, and other.

The information provided in this article does not constitute legal or financial advice and is for general informational purposes only. Please check with an attorney or financial advisor to obtain advice with respect to the content of this article.
Books
“Accurate classification of expenses is vital for businesses as it forms the backbone of financial reporting, tax compliance, and strategic decision-making. It enables businesses to track and analyze their spending patterns, identify cost-saving opportunities, and assess the profitability of various operations or projects. Having a single source to turn to for accounting classification suggestions, such as the Ramp Expense Classifier tool, is immensely helpful as it provides consistency, reduces ambiguity, and streamlines the expense classification process.”
Audrey Carroll
Senior Manager, Accounting, Ramp
Ramp logo and SandBoxx logo
Sandboxx Logo

“As we scale we need tools that are built to scale with us - we need to see expenses real time, we need to see duplicate spend. These types of insights are important to the health of our business.”

Steve Padis
SVP Finance & Strategy, Barry's

Tired of manually categorizing expenses? See how Ramp can automate this for you in the demo below

Take a tour of Ramp

Watch our pre-recorded product video to see Ramp in action.
4.8 stars
1,900+ reviews