What expense category do plants come under?
There is no definitive answer to this question, as the expense category for plants can vary depending on the business and the type of plant in question. However, some common expense categories for plants include:
Plants may be classified as supplies if they are purchased for use in the business, such as for office decor or to be sold as part of the business. For example, a florist would likely classify the plants they purchase as supplies.
Plants may also be classified as equipment if they are necessary for the business to function. For example, a greenhouse or nursery might classify the plants they grow and sell as equipment.
In some cases, plants may fall into another expense category entirely, such as advertising or rent. For example, a plant rental company might classify the plants they rent out as part of their advertising budget, as the plants help to attract customers.
Ultimately, the expense category for plants will vary depending on the business and the type of plant in question. The best way to determine the correct expense category for plants is to speak with a business owner or finance team.