Expense Category
Human Resources

What expense category is continuing education?

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

Training and Development

Many businesses will categorize continuing education as a training and development expense. This is because continuing education often provides employees with new skills and knowledge that can be used to improve their performance in their role. As such, it can be seen as an investment in the employee and the business, with the aim of improving productivity and profitability.

Marketing

Another common expense category for continuing education is marketing. This is because continuing education can be used to promote and sell products or services, or to attract new customers. For example, if a business offers a course on how to use their product, this could be considered a marketing expense. Similarly, if a business offers a course that is designed to attract new customers, such as a introductory course on a new topic, this could also be classified as a marketing expense.

Administrative

Another possible expense category for continuing education is administrative. This is because continuing education can often be used to improve the efficiency of the business, or to save time and money. For example, if a business offers a course on time management, this could be seen as an administrative expense. Similarly, if a business offers a course that is designed to help employees use a new software system, this could also be classified as an administrative expense.

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.
Continuing education
“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