Expense Category
Equipment

What expense category is a new printer?

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The answer to this question depends on the business and the specific printer being purchased. Some businesses may consider a new printer to be a part of their office equipment expenses, while others may view it as a part of their technology expenses. It is important to speak with your accountant or financial advisor to determine which category is the best fit for your business.

Office Equipment Expenses

Some businesses may view a new printer as a part of their office equipment expenses. This is because printers are often used in an office setting and are considered to be a necessary part of running the business. If you fall into this category, you will likely already have other office equipment expenses such as desks, chairs, and computers. Purchasing a new printer would simply be adding to this existing category.

Technology Expenses

Other businesses may view a new printer as a part of their technology expenses. This is because printers often utilize technology in order to function. For example, many printers now have the ability to connect to the internet and can be used to print documents from online sources. If you fall into this category, you will likely already have other technology expenses such as software, internet service, and computer hardware. Purchasing a new printer would simply be adding to this existing category.

The bottom line is that the correct expense category for a new printer depends on the specific business and the printer being purchased. It is important to speak with your accountant or financial advisor to determine which category is the best fit for your business.

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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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