What are expenses?Įxpenses are the costs that a business incurs during regular business operations. Read on to first review what expenses are before diving into the world of expense accounts. That’s where your expense account comes in. So when you spend money in business, you must write down your expenses. Organizing your books doesn’t just keep you productive-it also keeps you legal. If you believe organization influences productivity, shouldn’t you better organize your accounting books? Out of 400 survey respondents, 91% said they’d be more efficient if their workspace was organized.
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