What expense category does a landfill fall under?
Audrey Carroll, Senior Manager, Accounting, RampSee how Ramp automates accounting for 25k+ businesses
There is no definitive answer to this question, as it depends on the specific business and how they operate their landfill. However, there are a few expense categories that a landfill could fall under, which we will explore below.
Operating Expenses
One possibility is that a landfill falls under the category of 'operating expenses'. This is because a landfill is typically considered to be part of the business's operations, and as such, the expenses associated with it would fall under this category.
Capital Expenditures
Another possibility is that a landfill falls under the category of 'capital expenditures'. This is because a landfill is a long-term investment for a business, and as such, the expenses associated with it would fall under this category.
Other Expenses
There are also a few other possible expense categories that a landfill could fall under, depending on the specific business and how they operate their landfill. These include 'environmental expenses', 'utilities expenses', and 'waste disposal expenses'.
In conclusion, there is no definitive answer to this question, as it depends on the specific business and how they operate their landfill. However, there are a few expense categories that a landfill could fall under, which we have explored above.
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.
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.
Learn more about our Expense Management software.