What expense category does Zoho Corporation fall under?

Answer

Zoho Corporation is categorized under the 'Software' expense category, specifically in the 'Business Management and Productivity Software' subcategory.

Role of the Expense in Business

Zoho offers a suite of software products for business management, including CRM, email, accounting, and collaboration tools, widely used by businesses for various operational needs.

Practical Example

A business using Zoho CRM for customer relationship management and Zoho Books for accounting would categorize these expenses under 'Business Management and Productivity Software'.

Specialized Expense

For smaller businesses using specific Zoho tools for individual tasks, these might be categorized under 'General Business Tools'.

Conclusion

Zoho Corporation's range of business management and productivity tools places it within the 'Software' expense category, particularly for comprehensive business operations.