What expense category does Docusign fall under?
Audrey Carroll, Senior Manager, Accounting, RampSee how Ramp automates accounting for 25k+ businesses
Answer
Docusign is categorized under the 'Software' expense category, specifically in the 'Document Management and E-Signature Software' subcategory.
Role of the Expense in Business
Docusign provides e-signature solutions and digital transaction management, essential for businesses in managing contracts and legal documents electronically.
Practical Example
A company using Docusign for handling contracts and legal agreements would categorize these expenses under 'Document Management and E-Signature Software'.
Specialized Expense
For smaller businesses using Docusign for occasional document signing, it might be categorized under 'General Office Tools'.
Conclusion
Docusign's role in electronic document management and e-signatures places it within the 'Software' expense category, specifically for document management and e-signatures.
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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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