A Debit Expense Account is a financial tool that enables businesses to record expenses as they occur in an organized and accurate manner. This type of account is considered an asset, meaning that it is used to keep track of all the money spent on goods and services that are necessary for success. By recording each expense, businesses can ensure that their accounts will be kept in order and help reduce any discrepancies between what comes in and out of the company’s coffers. With a Debit Expense Account, businesses have the chance to stay financially sound and secure.