Expense Category
Office
What expense category are magazines?
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There is no definitive answer to this question, as it will depend on the specific business and how the magazines are used. However, some possible expense categories for magazines could include:

Advertising

If the magazines are purchased for advertising purposes, then they would likely fall under the advertising expense category. This would include any magazines that are used to place ads, as well as any subscriptions that are purchased for the purpose of research or to keep up with industry trends.

Office Supplies

If the magazines are purchased for general office use, they would likely fall under the office supplies expense category. This could include magazines that are used for waiting room reading material, or that are kept in the office for employees to read during break times.

Entertainment

If the magazines are purchased for personal use, or for use in company-sponsored events or gatherings, they would likely fall under the entertainment expense category. This could include subscriptions to magazines that are used for leisure reading, or magazines that are given out as gifts or prizes at company events.

Ultimately, the correct expense category for magazines will depend on the specific business and how the magazines are used. However, some possible expense categories include advertising, office supplies, and entertainment.

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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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