Expense Accounts List is an accounting term used to describe all financial transactions that involve the spending of money by a business. It includes both expenditure, such as buying office supplies, and income from sales or services. Expense Accounts List can also refer to a report that summarizes the total spending for a given period of time. This type of report is especially helpful when it comes to budgeting and forecasting future expenses. By tracking spending, businesses are able to make sure they stay within their budgets and remain profitable in the long run.