Expense Category
Office
What expense category are office supplies?
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There is no definitive answer to this question, as office supplies could fall into a number of different expense categories, depending on the business and the way it tracks expenses. However, some common expense categories for office supplies include:

  • Operating expenses: This is the most common category for office supplies, as they are necessary for the day-to-day running of the business. Operating expenses include items such as stationery, printer ink, and paper.
  • Overhead expenses: Overhead expenses are those that are not directly related to the production of goods or services, but are still necessary for the business to function. Office supplies would typically fall into this category.
  • Capital expenses: Capital expenses are those that are necessary for the long-term growth of the business. They are typically larger purchases that are not replaced on a regular basis. Office furniture would typically fall into this category.

The best way to determine which expense category is most appropriate for office supplies is to speak to your accountant or financial advisor. They will be able to advise you on the best way to track and categorize your expenses.

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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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