Enterprise glossary and term center
Research and understand all the intricate terms and definitions that surround the ecosystem of enterprise resource planning (ERP), enterprise software and no-code tools.
- Enterprise terms
- Expense
- What is expense type?
Expense - What is expense type?
Businesses incur various types of expenses. An expense is a type of expenditure. An expenditure is recorded at a single point in time (the time of purchase), compared to an expense which is allocated or accrued over a period of time.