Expense Category
Equipment

What expense category is computer equipment?

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There is no definitive answer to this question as the correct expense category for computer equipment will depend on the specific business and the way it is used. However, some possible expense categories for computer equipment include:

Office Equipment

If the computer equipment is used for office tasks such as word processing, spreadsheets, and email, then it may be classified as office equipment. This is a common expense category for desktop computers, laptops, and printers.

IT Equipment

If the computer equipment is used for more specialized tasks such as website design, database management, or software development, then it may be classified as IT equipment. This is a common expense category for servers, software, and other types of specialized equipment.

Other

In some cases, computer equipment may not fit neatly into either the office equipment or IT equipment categories. In these cases, it may be classified as other. This is a common expense category for items such as computer desks, chairs, and accessories.

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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
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.

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