Expense Category
Travel

What expense category does travel fall under?

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There is no definitive answer to this question, as travel expenses can fall under multiple categories depending on the business and the purpose of the travel. However, some of the most common expense categories that travel could fall under include:

  • Transportation - This is the most obvious category for travel expenses, as travel typically involves some form of transportation costs. This could include airfare, train tickets, gas, car rental, etc.
  • Lodging - If you are traveling for business purposes, you may need to incur costs for lodging. This could include a hotel room, Airbnb, or other short-term rental.
  • Food and Entertainment - While on your trip, you may need to incur costs for food and entertainment. This could include business meals, tickets to shows or events, etc.
  • Miscellaneous - There are also a variety of miscellaneous expenses that could fall under this category. This could include things like laundry, tips, internet access, business supplies, etc.

Again, there is no definitive answer to this question, as travel expenses can fall under multiple categories depending on the business and the purpose of the travel. However, these are some of the most common expense categories that travel could fall under.

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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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