What expense category does MongoDB fall under?
Audrey Carroll, Senior Manager, Accounting, RampSee how Ramp automates accounting for 25k+ businesses
Answer
MongoDB falls under the 'Software' expense category, specifically in the 'Database Management Software' subcategory.
Role of the Expense in Business
MongoDB is a database program used for managing and storing data, particularly in applications requiring scalability and flexibility, crucial for businesses dealing with large data sets and complex applications.
Practical Example
A tech company using MongoDB for its high-volume data storage and management would categorize these expenses under 'Database Management Software'.
Specialized Expense
In scenarios where MongoDB is used for small-scale or personal projects, it might be categorized under 'General Database Tools'.
Conclusion
MongoDB's role in data management and storage categorizes it within the 'Software' expense category, specifically for database management.
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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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