expensing
Charging to accounts
Expensing is recording a cost as a business expense rather than capitalizing it as an asset.
When you expense something, you deduct the full cost immediately rather than spreading it over time through depreciation: The company is expensing the software purchase this quarter.
The gerund form of expense as a verb, expensing appears frequently in accounting and tax contexts.
Financial record book
- bookkeepingRecording financial transactions systematically
- journalRecord of daily events
- entriesItems logged or submitted
- postingPublishing content online
accruals · GAAP · depreciation · amortization · write-off · capitalization · allocation · adjustments
Transaction documentation
- invoiceItemized billing statement
- reimbursementPayment for incurred expenses
- mileageDistance traveled by vehicle
- lodgingTemporary place to stay
meals · entertainment · airfare · hotel · taxi · Uber · approval · submission
Located directly above
- operatingActively in function
- outlayMoney paid for something
- budgetPlan for spending
- allocationDistribution of shares
forecast · variance · OPEX · CAPEX · spending · disbursement · funds · appropriation
Giving back what's owed
- refundMoney returned after purchase
- paybackRetaliation for wrongs
- recompensePayment for loss
- recoupmentRecovery of losses
payout · settlement · coverage · compensation · turnaround · advance · reconciliation
ledger
Financial record book
- bookkeepingRecording financial transactions systematically
- journalRecord of daily events
- entriesItems logged or submitted
posting · accruals · GAAP · depreciation · amortization · write-off · capitalization · allocation · adjustments · reconciliation
receipts
Transaction documentation
- invoiceItemized billing statement
- reimbursementPayment for incurred expenses
- mileageDistance traveled by vehicle
lodging · meals · entertainment · airfare · hotel · taxi · Uber · approval · submission · policy
overhead
Located directly above
allocation · forecast · variance · OPEX · CAPEX · spending · disbursement · funds · appropriation
repayment
Giving back what's owed
- refundMoney returned after purchase
- paybackRetaliation for wrongs
- recompensePayment for loss
recoupment · payout · settlement · coverage · compensation · turnaround · advance · reconciliation
- business proceduresrecording, processing, documenting, approving, verifying
expensingcapitalizing
Profiting from circumstances
amortizing · depreciating · deferring · amortization · depreciation
expensive, inexpensive, expensively, inexpensively, inexpensiveness, expensiveness