Expense Category
Human Resources
What expense category does education fall under?
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There is no definitive answer to this question, as education expenses can fall under multiple categories, depending on the specific situation. However, some common expense categories for education are:

Training and Development

If the education expense is for training and development purposes (such as courses to improve job performance), then it is typically classified as a training and development expense. This is because the primary purpose of the education is to improve employee productivity, rather than generate income.

Marketing

If the education expense is for marketing purposes (such as attending trade shows or conferences), then it is typically classified as a marketing expense. This is because the primary purpose of the education is to generate new leads or sales, rather than improve employee productivity.

Other

There are many other possible expense categories for education, depending on the specific situation. For example, education expenses could also be classified as general and administrative expenses, or research and development expenses.

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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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