Expense Category
Human Resources

What expense category is payroll?

Search for an expense to categorize
See how Ramp automates accounting for 25k+ businesses
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

There is no definitive answer to this question as the correct expense category for payroll will depend on the specific business and its accounting practices. However, some possible expense categories for payroll could include:

Wages and Salaries

This is the most common expense category for payroll, and will include all payments made to employees for their work, including regular wages, overtime, bonuses, and commissions.

Employee Benefits

This category includes all costs associated with employee benefits, such as health insurance, retirement plans, and paid time off.

Payroll Taxes

This category includes all taxes that are withheld from employee paychecks, such as federal and state income taxes, Social Security, and Medicare.

Other

This category can include any other costs associated with payroll, such as third-party payroll processing fees.

The correct expense category for payroll will vary depending on the business, so it is important to consult with an accountant or financial advisor to ensure that all expenses are properly categorized.

See how Ramp automates
accounting and more
Error Message
No personal credit checks or founder guarantee.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
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.

Learn more about our Expense Management software.

Take a tour of Ramp

4.8 stars
1,900+ reviews