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Company Expense Categories

oboloo Glossary

Company Expense Categories

Company Expense Categories are buckets to which businesses can assign costs associated with running their operations. These buckets allow organizations to easily track, categorize and report on the money they spend. Examples of common expense categories include employee salaries, marketing expenses, rent and utilities, materials and supplies, travel and entertainment, and professional services. By selecting pre-determined categories, companies are able to more effectively manage their finances and gain valuable insights into where their money is being spent.

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