What expense category does DigitalOcean fall under?

Answer

DigitalOcean is categorized under the 'Software' expense category, specifically in the 'Cloud Computing and Hosting Services Software' subcategory.

Role of the Expense in Business

DigitalOcean provides cloud computing services and scalable infrastructure solutions, widely used by businesses for web hosting, application deployment, and database management.

Practical Example

A startup using DigitalOcean for hosting its web applications and managing databases would categorize these expenses under 'Cloud Computing and Hosting Services Software'.

Specialized Expense

For individual developers or small projects using DigitalOcean for basic hosting needs, it might be categorized under 'General Cloud Services'.

Conclusion

DigitalOcean's role in providing cloud computing and hosting services places it within the 'Software' expense category, particularly for cloud infrastructure management.