Expense Category
Software
What expense category does DigitalOcean fall under?
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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.

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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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