EDIFACT and Expense: Difference between pages
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1. | |||
A cost necessarily incurred in performing duties as an employee or independent professional. | |||
== See also == | |||
* [[ | 2. | ||
* [[ | |||
More generally, any cost necessarily incurred in order to do something. | |||
3. ''Accounting - noun.'' | |||
An item treated as a cost in the current reporting period, when preparing an income statement. | |||
4. ''Accounting - verb.'' | |||
To account for an item as an expense, rather than capitalising it. | |||
==See also== | |||
*[[Accrued expense]] | |||
*[[Capitalise]] | |||
*[[Expenditure]] | |||
*[[Expenses]] | |||
*[[Income statement]] | |||
*[[Research & development]] | |||
[[Category:Accounting,_tax_and_regulation]] | |||
Revision as of 10:18, 16 September 2020
1.
A cost necessarily incurred in performing duties as an employee or independent professional.
2.
More generally, any cost necessarily incurred in order to do something.
3. Accounting - noun.
An item treated as a cost in the current reporting period, when preparing an income statement.
4. Accounting - verb.
To account for an item as an expense, rather than capitalising it.
