Open account and Opex: Difference between pages

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Type of commercial trade credit in which the seller issues an invoice, which is formal evidence of an obligation, and records the sale as an account receivable.
'''Op'''erating '''Ex'''penditure.
 
Opex is expenditure on items which are consumed - or whose benefits are otherwise enjoyed - in the short term, generally within the current financial reporting period.
 
Opex is contrasted with capital expenditure ('capex').




== See also ==
== See also ==
* [[Credit]]
* [[Capitalise]]
* [[Payment in advance]]
* [[Capital expenditure]]
 
* [[Expenditure]]
[[Category:Trade_finance]]
* [[Revenue expenditure]]

Revision as of 15:12, 6 September 2016

Operating Expenditure.

Opex is expenditure on items which are consumed - or whose benefits are otherwise enjoyed - in the short term, generally within the current financial reporting period.

Opex is contrasted with capital expenditure ('capex').


See also