Expense Category
Professional Services

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?

Ultimately, 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.

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.
Music streaming
“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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