What expense category does Google G Suite fall under?
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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