Which expense category is a mobile phone handset purchase?
sanjeevj
Member Posts: 24
This is not the monthly bill. This is one-time purchase of an unlocked mobile phone.
Should it be categorized as:
Expense > Operating Expense >
1) Telephone - Wireless
2) Office Supplies
3) Computer - Hardware
0
Comments
It's really up to you, @sanjeevnuts. The exact expense category doesn't exactly matter, it's mostly to help you track where you spend your money. Just pick what makes the most sense to you. If you can't find anything, you can make your own expense category too.