What expense category does music streaming come under?
There is no definitive answer to this question, as it depends on how your business classifies and tracks expenses. However, we can provide some guidance on which expense category music streaming might fall under.
Possible Expense Categories for Music Streaming
Music streaming could fall under a number of different expense categories, depending on your business' accounting practices. Here are some possible expense categories that music streaming could come under:
- Advertising: If you use music streaming services to play ads or promote your business, then it would likely fall under this category.
- Entertainment: If you use music streaming services for entertainment purposes (e.g. in a bar or restaurant), then it would likely fall under this category.
- Office Supplies: If you use music streaming services in your office (e.g. for background music), then it would likely fall under this category.
Which Expense Category is Right for My Business?
As we mentioned, there is no definitive answer to this question. It depends on your business' accounting practices and which expense category makes the most sense for your business. If you're not sure which category is right for your business, we recommend talking to your accountant or financial advisor.
