What expense category does Smartsheet fall under?
Audrey Carroll, Senior Manager, Accounting, RampSee how Ramp automates accounting for 25k+ businesses
Smartsheet usually is considered in the 'Software' expense category, specifically under the 'Work Management and Collaboration Software' subcategory.
Role of the Expense in Business
Smartsheet is a powerhouse in work management, offering a versatile platform for project planning, resource management, and collaborative work, indispensable for businesses aiming for operational excellence.
Practical Example
A project management office using Smartsheet for comprehensive project tracking and resource allocation would categorize these expenses under 'Work Management and Collaboration Software'.
Specialized Expense
For smaller teams using Smartsheet for basic project planning, it might be categorized under 'General Productivity Tools'.
Conclusion
Smartsheet's commanding presence in the 'Software' expense category is marked by its comprehensive suite of work management and collaboration tools.
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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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