Expense Category
Software

What expense category does Google G Suite fall under?

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Answer

Google G Suite falls under the 'Software' expense category, specifically in the 'Productivity and Collaboration Software' subcategory.

Role of the Expense in Business

Google G Suite offers a suite of productivity tools including email, documents, spreadsheets, and collaboration platforms, widely used in business environments for communication and project management.

Practical Example

A company utilizing Google Cloud for its machine learning and data analytics capabilities would categorize these expenses under 'Data Analytics and Management Software'. A business using Google Cloud's computing services for application development falls under 'Cloud Computing Services'.

Specialized Expense

For individual freelancers or small teams, Google G Suite might be categorized under 'General Business Software' due to its varied utility.

Conclusion

Google G Suite is a versatile tool primarily fitting into the 'Productivity and Collaboration Software' subcategory within the broader 'Software' expense category.

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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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