An expense is the cost of operations that a company incurs to generate revenue. As the popular saying goes, “it costs money to make money.” Common expenses include payments to suppliers, employee wages, factory leases, and equipment depreciation.
What is expenses in your own words?
Definition: An expense is the cost of an asset used by a company in its operations to produce revenues. In other words, an expense is the use of assets to create sales. Expenses are created when an asset is used up, not when cash is paid out. Take depreciation expense for example.
What is the definition of expense in English?
English Language Learners Definition of expense : the amount of money that is needed to pay for or buy something : an amount of money that must be spent especially regularly to pay for something : something on which money is spent
Which is the best example of an expense?
Noun I don’t think a first-class ticket is worth the added expense. The annual fee is simply an expense of doing business. A new car is a major expense. Recent Examples on the Web: Noun The company is providing money for lodging and daily expenses while the workers are in Anchorage.
How to use the word reimburse in a sentence?
1 : to pay back to someone : repay reimburse travel expenses 2 : to make restoration or payment of an equivalent to reimburse him for his traveling expenses Other Words from reimburse Synonyms Choose the Right Synonym More Example Sentences Learn More about reimburse Other Words from reimburse
How do I add expenses to my expense report?
Add expenses to the Expenses queue by selecting Expenses left-hand navigation. Once on the Expenses page, you can view existing expenses not yet filed to an expense report or create a New Expense. Under New Expenses, you can choose to upload your receipt in one of three ways: Scan Receipt, Manually Create, or Create Multiple.
