What expense category do tradeshows & networking events come under?
There is no definitive answer to this question as it will depend on the specifics of the event and the business itself. However, some possible expense categories for tradeshows and networking events include:
Tradeshows and networking events can be a form of marketing for the business, so they could come under the marketing expenses category. This would include any costs associated with exhibiting at the event, such as the cost of the stand, promotional materials, and travel and accommodation for staff.
If the primary purpose of attending the event is to generate sales, then the costs could come under the sales expenses category. This would include the cost of any sales staff attending the event, as well as any entertaining or entertaining expenses incurred while entertaining clients at the event.
General Business Expenses
If the event is not primarily for marketing or sales purposes, but is still considered to be beneficial for the business, then the costs could come under general business expenses. This would include the cost of any staff attending the event, as well as any travel and accommodation costs.
There is no definitive answer to which expense category tradeshows and networking events come under. It will depend on the specifics of the event and the business itself. However, some possible expense categories include marketing, sales, and general business expenses.