The subject of expensed definition encompasses a wide range of important elements. EXPENSED Definition & Meaning - Merriam-Webster. specifically : an item of business outlay chargeable against revenue for a specific period. Note: Business expenses are generally tax deductible in the year the expense is incurred. Note: Capital expenses are not tax deductible as business expenses but may be used for depreciation or amortization. Expensed - definition of expensed by The Free Dictionary.
expensed synonyms, expensed pronunciation, expensed translation, English dictionary definition of expensed. Something spent to attain a goal or accomplish a purpose: an expense of time and energy on the project. A loss for the sake of something gained;... expensed - WordReference.com Dictionary of English. Furthermore, charge: Nine dollars for a complete dinner is a small expense.
[countable] a cause or occasion of spending: A car is a necessary expense. charges incurred esp. In relation to this, during a business assignment: used a credit card to pay his expenses. money paid as reimbursement for charges: salary and expenses.
The difference between expensing and capitalizing - AccountingTools. This perspective suggests that, the same type of cost can be either expensed or capitalized depending on its purpose and materiality. For example, routine repairs are expensed, but major upgrades that extend an asset’s useful life are capitalized. What Does "Expensed" Mean in Accounting?
Business purchases that are expensed are used up in the course of doing business. These include payroll, rent and materials. In contrast, capitalized purchases are more permanent and add real value to your business. These include equipment, real estate and intellectual property. EXPENSE | definition in the Cambridge English Dictionary.
The accounting rule allows research-and-development costs to be instantly expensed or deducted from profits. What does expensed mean? Information and translations of expensed in the most comprehensive dictionary definitions resource on the web. EXPENSED - Definition & Meaning - Reverso English Dictionary. expensed definition: recorded as an expense in financial records.
Check meanings, examples, usage tips, pronunciation, domains, related words. Capitalized vs Expensed: Similarities and Differences.
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