Expense Category
Travel

What expense category do meals come under?

There is no definitive answer to this question, as it depends on the specifics of the business and the country in which it is based. However, there are a few general categories that meals could come under, which are outlined below.

Travel Expenses

If the meals are being incurred while traveling for business purposes, then they would usually come under the travel expenses category. This would include any meals taken while away from the office on business trips, conferences, or meetings. Travel expenses can be claimed as a tax deduction in many countries, so this is a popular option for businesses.

Entertainment Expenses

Another common category for business meals is entertainment expenses. This includes any meals taken with clients or potential clients, in order to entertain them and build relationships. Entertainment expenses can be claimed as a tax deduction in many countries, but there are usually stricter rules around what can be classed as entertainment (e.g. it must be considered 'reasonable and necessary').

Training Expenses

If the meals are being incurred while attending training courses or events, then they would usually come under the training expenses category. This would include any meals taken while away from the office attending training courses, conferences, or seminars. Training expenses can be claimed as a tax deduction in many countries, so this is a popular option for businesses.

Other Expenses

There are other less common categories that meals could come under, depending on the specifics of the business. For example, if the meals are being provided for employees as a benefit, then they could come under the 'employee benefits' category. If the meals are being provided for customers or clients as part of a promotional event, then they could come under the 'marketing expenses' category. It's important to speak to an accountant or tax advisor to find out which category is most appropriate for your business.

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.
Meals
“Accurate classification of expenses is vital for businesses as it forms the backbone of financial reporting, tax compliance, and strategic decision-making. It enables businesses to track and analyze their spending patterns, identify cost-saving opportunities, and assess the profitability of various operations or projects. Having a single source to turn to for accounting classification suggestions, such as the Ramp Expense Classifier tool, is immensely helpful as it provides consistency, reduces ambiguity, and streamlines the expense classification process.”
Audrey Carroll
Senior Manager, Accounting, Ramp
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