{"id":2458,"date":"2023-01-31T11:30:00","date_gmt":"2023-01-31T16:30:00","guid":{"rendered":"https:\/\/theforage.wpengine.com\/?p=2458"},"modified":"2023-05-05T13:34:10","modified_gmt":"2023-05-05T17:34:10","slug":"expenditure","status":"publish","type":"post","link":"https:\/\/theforage.wpengine.com\/skills\/expenditure","title":{"rendered":"What Is an Expenditure?"},"content":{"rendered":"\n<p>An expenditure is a purchase of services or goods. Everyone experiences expenditures in their day-to-day activities, like buying groceries. However, in business and accounting, expenditures are a bit more complicated.&nbsp;<\/p>\n\n\n\n<p>In this guide, we&#8217;ll go over:&nbsp;<\/p>\n\n\n\n<ul>\n<li><a href=\"#h-expenditure-definition\">Expenditure Definition<\/a><\/li>\n\n\n\n<li><a href=\"#h-types-of-accounting-expenditures\">Types of Accounting Expenditures<\/a><\/li>\n\n\n\n<li><a href=\"#h-expenditure-vs-expense\">Expenditure vs. Expense&nbsp;<\/a><\/li>\n\n\n\n<li><a href=\"#h-showing-you-understand-expenditures-on-resumes\">Showing You Understand Expenditures on Resumes<\/a><\/li>\n\n\n\n<li><a href=\"#h-related-accounting-skills\">Related Accounting Skills<\/a><\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-group forage__cta-pattern is-vertical is-content-justification-center is-layout-flex wp-container-core-group-is-layout-1 wp-block-group-is-layout-flex\">\n<h2 class=\"has-text-align-center wp-block-heading\">Showcase new skills<\/h2>\n\n\n\n<p class=\"has-text-align-center\">Build the confidence and practical skills that employers are looking for with Forage&#8217;s free job simulations.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.theforage.com\/course-catalog\">Get started<\/a><\/div>\n<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-expenditure-definition\">Expenditure Definition<\/h2>\n\n\n\n<p>An expenditure is simply a purchase of products, goods, or services. Anyone can incur one: Buying a coffee, making an Amazon purchase, and hiring a lawn care company are all examples of expenditures you might encounter in your day-to-day life.&nbsp;<\/p>\n\n\n\n<p>However, in business, expenditures are more specific. Expenditures are purchases that benefit the company. For example, buying a new printer for the office can be an expenditure. Businesses also have to record these expenditures carefully to ensure their <a href=\"https:\/\/www.theforage.com\/blog\/careers\/accounting\">accounting<\/a> records stay accurate. These purchases are recorded at the time of purchase, typically using an invoice or a sales receipt as proof.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-who-deals-with-expenditures\">Who Deals With Expenditures?<\/h3>\n\n\n\n<p>While many people in a company make expenditures, accountants are responsible for tracking and recording these purchases. Companies want to make sure they aren&#8217;t spending more than they make, so accounting involves comparing daily expenditures against overall profits to prevent losses.&nbsp;<\/p>\n\n\n\n<p><strong>&gt;&gt;MORE:<\/strong> Learn more about <a href=\"https:\/\/www.theforage.com\/blog\/careers\/what-does-an-accountant-do\">what accountants do<\/a>.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-types-of-accounting-expenditures\">Types of Accounting Expenditures<\/h2>\n\n\n\n<p>In accounting, there are three main categories of expenditures: capital, revenue, and deferred revenue.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-capital\">Capital<\/h3>\n\n\n\n<p>A capital expenditure (often referred to as CapEx) is a purchase the company will use for more than one year. CapExs are typically larger investments in <a href=\"https:\/\/www.theforage.com\/blog\/skills\/asset\">assets<\/a> to grow the business, such as purchasing new machinery to increase production or acquiring a competitor to take over more of the market.&nbsp;<\/p>\n\n\n\n<p>Companies often use debt or equity financing to pay for capital expenditures. Because these purchases have a long-term benefit to the company, the actual cost to acquire the asset is spread out over the item&#8217;s lifetime. For example, if a company pays $5,000 for a machine expected to be useful for five years, rather than listing that as a $5,000 purchase in the first year, it will be recorded as a $1,000 deduction each year for five years.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-revenue\">Revenue<\/h3>\n\n\n\n<p>A <a href=\"https:\/\/www.theforage.com\/blog\/skills\/revenue\">revenue<\/a> expenditure is a purchase the company will use for less than one year \u2014 the flip side of a capital expenditure. These are short-term purchases for daily operations and are similar to a company&#8217;s operating expenses.&nbsp;<\/p>\n\n\n\n<p>A common type of revenue expenditures are raw production materials that a company repurchases every few weeks. For example, if a cake company needs to purchase eggs, milk, butter, and other non-shelf-stable ingredients for its daily production, those transactions are recorded as revenue expenditures.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-deferred-revenue\">Deferred Revenue<\/h3>\n\n\n\n<p>Deferred revenue expenditures are pre-paid purchases that the company uses for less than one year. For example, imagine if the cake company from the above example paid its egg supplier two months in advance so that the supplier would deliver fresh eggs every week. The eggs that have been paid for, but not yet delivered, count as a deferred revenue expenditure.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-expenditure-vs-expense\">Expenditure vs. Expense&nbsp;<\/h2>\n\n\n\n<p>The difference between an expenditure and an expense is subtle but important in accounting. While an expenditure is the total cost of the purchase, an expense is how much that purchase offsets a company&#8217;s revenue.&nbsp;<\/p>\n\n\n\n<p>For example, let&#8217;s say a company purchases a $5,000 piece of machinery and expects to use this machine for five years. The capital expenditure is $5,000, but the actual expense is only $1,000 every year for five years. So, the initial investment is recorded as an expenditure, but the machine is <em>expensed<\/em> over the course of five years.&nbsp;<\/p>\n\n\n\n<p>The easiest way to think of this distinction is that an expenditure is just the money spent, while an expense is how the expenditure is paid for.&nbsp;&nbsp;<\/p>\n\n\n\n<div class=\"wp-block-group forage__cta-pattern is-vertical is-content-justification-center is-layout-flex wp-container-core-group-is-layout-2 wp-block-group-is-layout-flex\">\n<h2 class=\"has-text-align-center wp-block-heading\">Find your career fit<\/h2>\n\n\n\n<p class=\"has-text-align-center\">Discover if finance or accounting is the right career path for you with a free Forage job simulation.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.theforage.com\/course-catalog\">Get started<\/a><\/div>\n<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-showing-you-understand-expenditures-on-resumes\">Showing You Understand Expenditures on Resumes<\/h2>\n\n\n\n<p>Ultimately, there isn&#8217;t one way to show potential employers that you understand expenditures and how they operate within a company&#8217;s financial structure. Because expenditures are such a fundamental aspect of finance and accounting, it is likely assumed you understand it if you have accounting or business experience.&nbsp;<\/p>\n\n\n\n<p>However, you can use your experience with expenditures to boost other skills. For example, you can call out an instance where your knowledge of <a href=\"https:\/\/www.theforage.com\/blog\/skills\/gaap\">generally accepted accounting principles (GAAP)<\/a> and <a href=\"https:\/\/www.theforage.com\/blog\/skills\/attention-to-detail\">attention to detail<\/a> caught a mistake in an expenditure report, saving the company from an expensive mishap.&nbsp;<\/p>\n\n\n\n<p><strong>&gt;&gt;MORE:<\/strong> Check out the <a href=\"https:\/\/www.theforage.com\/blog\/skills\/accounting-skills\">accounting skills you need on your resume<\/a>.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-related-accounting-skills\">Related Accounting Skills<\/h2>\n\n\n\n<p>Accountants should understand how an expenditure affects a company&#8217;s overall financial status. Other things for accountants to know when looking at a business&#8217;s finances are:&nbsp;<\/p>\n\n\n\n<ul>\n<li>The role of financial statements, like <a href=\"https:\/\/www.theforage.com\/blog\/skills\/cash-flow-statement\">cash flow statements<\/a><\/li>\n\n\n\n<li>How to calculate <a href=\"https:\/\/www.theforage.com\/blog\/skills\/contribution-margin\">contribution margins<\/a> to measure profitability&nbsp;<\/li>\n\n\n\n<li>The formula for determining a company&#8217;s <a href=\"https:\/\/www.theforage.com\/blog\/skills\/wacc\">weighted average cost of capital (WACC)<\/a><\/li>\n\n\n\n<li>How <a href=\"https:\/\/www.theforage.com\/blog\/skills\/net-working-capital\">net working capital (NWC)<\/a> impacts a business&#8217;s short-term liabilities<\/li>\n<\/ul>\n\n\n\n<p>Grow your skill set with Forage&#8217;s <a href=\"https:\/\/www.theforage.com\/course-catalog\/accounting\"><strong>free<\/strong> accounting virtual experience programs<\/a>.&nbsp;<\/p>\n\n\n\n<p><em>Image credit: Canva<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>An expenditure is a purchase of services or goods. Everyone experiences expenditures in their day-to-day activities, like buying groceries. However, in business and accounting, expenditures are a bit more complicated.&nbsp; In this guide, we&#8217;ll go over:&nbsp; Showcase new skills Build the confidence and practical skills that employers are looking for with Forage&#8217;s free job simulations. &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/theforage.wpengine.com\/skills\/expenditure\"> <span class=\"screen-reader-text\">What Is an Expenditure?<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":2459,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"forage_sticky_bar_enabled":false,"forage_sticky_bar_content":"","forage_sticky_bar_button_text":"","forage_sticky_bar_button_url":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"forage_editor_id":6,"forage_reviewer_id":0,"forage_authors":[],"veps":[3420,3269],"forage_sidebar":0,"forage_related_disabled":false,"forage_toc_enabled":false,"forage_toc_level":0,"modified":"2023-05-05T17:34:10","footnotes":""},"categories":[6],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.5 (Yoast SEO v24.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What Is an Expenditure? - Forage<\/title>\n<meta name=\"description\" content=\"An expenditure is a purchase. Companies have capital, revenue, and deferred revenue expenditures. Learn more about these purchases.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/theforage.wpengine.com\/skills\/expenditure\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What Is an Expenditure?\" \/>\n<meta property=\"og:description\" content=\"An expenditure is a purchase. Companies have capital, revenue, and deferred revenue expenditures. Learn more about these purchases.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/theforage.wpengine.com\/skills\/expenditure\" \/>\n<meta property=\"og:site_name\" content=\"Forage\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/theforage1\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-31T16:30:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-05T13:34:10-04:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/theforage.wpengine.com\/wp-content\/uploads\/2023\/01\/expenditure-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Forage\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@theforage_\" \/>\n<meta name=\"twitter:site\" content=\"@theforage_\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Forage\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.theforage.com\/blog\/skills\/expenditure#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.theforage.com\/blog\/skills\/expenditure\"},\"author\":{\"name\":\"Forage\",\"@id\":\"https:\/\/www.theforage.com\/blog\/#\/schema\/person\/f4f5ff79a4a4ae737224cd7b4e1930a5\"},\"headline\":\"What Is an Expenditure?\",\"datePublished\":\"2023-01-31T11:30:00-05:00\",\"dateModified\":\"2023-05-05T13:34:10-04:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.theforage.com\/blog\/skills\/expenditure\"},\"wordCount\":900,\"publisher\":{\"@id\":\"https:\/\/www.theforage.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.theforage.com\/blog\/skills\/expenditure#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.theforage.com\/blog\/wp-content\/uploads\/2023\/01\/expenditure-1.jpg\",\"articleSection\":[\"Skills\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.theforage.com\/blog\/skills\/expenditure\",\"url\":\"https:\/\/www.theforage.com\/blog\/skills\/expenditure\",\"name\":\"What Is an Expenditure? - Forage\",\"isPartOf\":{\"@id\":\"https:\/\/www.theforage.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.theforage.com\/blog\/skills\/expenditure#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.theforage.com\/blog\/skills\/expenditure#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.theforage.com\/blog\/wp-content\/uploads\/2023\/01\/expenditure-1.jpg\",\"datePublished\":\"2023-01-31T11:30:00-05:00\",\"dateModified\":\"2023-05-05T13:34:10-04:00\",\"description\":\"An expenditure is a purchase. Companies have capital, revenue, and deferred revenue expenditures. Learn more about these purchases.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.theforage.com\/blog\/skills\/expenditure#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.theforage.com\/blog\/skills\/expenditure\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.theforage.com\/blog\/skills\/expenditure#primaryimage\",\"url\":\"https:\/\/www.theforage.com\/blog\/wp-content\/uploads\/2023\/01\/expenditure-1.jpg\",\"contentUrl\":\"https:\/\/www.theforage.com\/blog\/wp-content\/uploads\/2023\/01\/expenditure-1.jpg\",\"width\":1024,\"height\":800,\"caption\":\"Couple reviewing their small business expenditures\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.theforage.com\/blog\/skills\/expenditure#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.theforage.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Skills\",\"item\":\"https:\/\/www.theforage.com\/blog\/skills\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"What Is an Expenditure?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.theforage.com\/blog\/#website\",\"url\":\"https:\/\/www.theforage.com\/blog\/\",\"name\":\"Forage\",\"description\":\"Virtual job simulations produced by and for the world\u2019s largest employers\",\"publisher\":{\"@id\":\"https:\/\/www.theforage.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.theforage.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.theforage.com\/blog\/#organization\",\"name\":\"Forage\",\"url\":\"https:\/\/www.theforage.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.theforage.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.theforage.com\/blog\/wp-content\/uploads\/2023\/04\/Navy-Stacked-Logo.jpg\",\"contentUrl\":\"https:\/\/www.theforage.com\/blog\/wp-content\/uploads\/2023\/04\/Navy-Stacked-Logo.jpg\",\"width\":878,\"height\":893,\"caption\":\"Forage\"},\"image\":{\"@id\":\"https:\/\/www.theforage.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/theforage1\/\",\"https:\/\/x.com\/theforage_\",\"https:\/\/www.instagram.com\/theforage_\/\",\"https:\/\/www.linkedin.com\/school\/theforage\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.theforage.com\/blog\/#\/schema\/person\/f4f5ff79a4a4ae737224cd7b4e1930a5\",\"name\":\"Forage\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.theforage.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.theforage.com\/blog\/wp-content\/uploads\/2023\/05\/Avatar-Diamond-96x96.png\",\"contentUrl\":\"https:\/\/www.theforage.com\/blog\/wp-content\/uploads\/2023\/05\/Avatar-Diamond-96x96.png\",\"caption\":\"Forage\"},\"sameAs\":[\"https:\/\/www.theforage.com\/blog\"],\"url\":\"https:\/\/www.theforage.com\/blog\/author\/theforage\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"What Is an Expenditure? - Forage","description":"An expenditure is a purchase. Companies have capital, revenue, and deferred revenue expenditures. Learn more about these purchases.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/theforage.wpengine.com\/skills\/expenditure","og_locale":"en_US","og_type":"article","og_title":"What Is an Expenditure?","og_description":"An expenditure is a purchase. Companies have capital, revenue, and deferred revenue expenditures. Learn more about these purchases.","og_url":"https:\/\/theforage.wpengine.com\/skills\/expenditure","og_site_name":"Forage","article_publisher":"https:\/\/www.facebook.com\/theforage1\/","article_published_time":"2023-01-31T16:30:00+00:00","og_image":[{"width":1024,"height":800,"url":"https:\/\/theforage.wpengine.com\/wp-content\/uploads\/2023\/01\/expenditure-1.jpg","type":"image\/jpeg"}],"author":"Forage","twitter_card":"summary_large_image","twitter_creator":"@theforage_","twitter_site":"@theforage_","twitter_misc":{"Written by":"Forage","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.theforage.com\/blog\/skills\/expenditure#article","isPartOf":{"@id":"https:\/\/www.theforage.com\/blog\/skills\/expenditure"},"author":{"name":"Forage","@id":"https:\/\/www.theforage.com\/blog\/#\/schema\/person\/f4f5ff79a4a4ae737224cd7b4e1930a5"},"headline":"What Is an Expenditure?","datePublished":"2023-01-31T11:30:00-05:00","dateModified":"2023-05-05T13:34:10-04:00","mainEntityOfPage":{"@id":"https:\/\/www.theforage.com\/blog\/skills\/expenditure"},"wordCount":900,"publisher":{"@id":"https:\/\/www.theforage.com\/blog\/#organization"},"image":{"@id":"https:\/\/www.theforage.com\/blog\/skills\/expenditure#primaryimage"},"thumbnailUrl":"https:\/\/www.theforage.com\/blog\/wp-content\/uploads\/2023\/01\/expenditure-1.jpg","articleSection":["Skills"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.theforage.com\/blog\/skills\/expenditure","url":"https:\/\/www.theforage.com\/blog\/skills\/expenditure","name":"What Is an Expenditure? - Forage","isPartOf":{"@id":"https:\/\/www.theforage.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.theforage.com\/blog\/skills\/expenditure#primaryimage"},"image":{"@id":"https:\/\/www.theforage.com\/blog\/skills\/expenditure#primaryimage"},"thumbnailUrl":"https:\/\/www.theforage.com\/blog\/wp-content\/uploads\/2023\/01\/expenditure-1.jpg","datePublished":"2023-01-31T11:30:00-05:00","dateModified":"2023-05-05T13:34:10-04:00","description":"An expenditure is a purchase. Companies have capital, revenue, and deferred revenue expenditures. Learn more about these purchases.","breadcrumb":{"@id":"https:\/\/www.theforage.com\/blog\/skills\/expenditure#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.theforage.com\/blog\/skills\/expenditure"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.theforage.com\/blog\/skills\/expenditure#primaryimage","url":"https:\/\/www.theforage.com\/blog\/wp-content\/uploads\/2023\/01\/expenditure-1.jpg","contentUrl":"https:\/\/www.theforage.com\/blog\/wp-content\/uploads\/2023\/01\/expenditure-1.jpg","width":1024,"height":800,"caption":"Couple reviewing their small business expenditures"},{"@type":"BreadcrumbList","@id":"https:\/\/www.theforage.com\/blog\/skills\/expenditure#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.theforage.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Skills","item":"https:\/\/www.theforage.com\/blog\/skills"},{"@type":"ListItem","position":3,"name":"What Is an Expenditure?"}]},{"@type":"WebSite","@id":"https:\/\/www.theforage.com\/blog\/#website","url":"https:\/\/www.theforage.com\/blog\/","name":"Forage","description":"Virtual job simulations produced by and for the world\u2019s largest employers","publisher":{"@id":"https:\/\/www.theforage.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.theforage.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.theforage.com\/blog\/#organization","name":"Forage","url":"https:\/\/www.theforage.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.theforage.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.theforage.com\/blog\/wp-content\/uploads\/2023\/04\/Navy-Stacked-Logo.jpg","contentUrl":"https:\/\/www.theforage.com\/blog\/wp-content\/uploads\/2023\/04\/Navy-Stacked-Logo.jpg","width":878,"height":893,"caption":"Forage"},"image":{"@id":"https:\/\/www.theforage.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/theforage1\/","https:\/\/x.com\/theforage_","https:\/\/www.instagram.com\/theforage_\/","https:\/\/www.linkedin.com\/school\/theforage\/"]},{"@type":"Person","@id":"https:\/\/www.theforage.com\/blog\/#\/schema\/person\/f4f5ff79a4a4ae737224cd7b4e1930a5","name":"Forage","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.theforage.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/www.theforage.com\/blog\/wp-content\/uploads\/2023\/05\/Avatar-Diamond-96x96.png","contentUrl":"https:\/\/www.theforage.com\/blog\/wp-content\/uploads\/2023\/05\/Avatar-Diamond-96x96.png","caption":"Forage"},"sameAs":["https:\/\/www.theforage.com\/blog"],"url":"https:\/\/www.theforage.com\/blog\/author\/theforage"}]}},"featured_image_src":"https:\/\/theforage.wpengine.com\/wp-content\/uploads\/2023\/01\/expenditure-1-600x400.jpg","featured_image_src_square":"https:\/\/theforage.wpengine.com\/wp-content\/uploads\/2023\/01\/expenditure-1-600x600.jpg","author_info":{"display_name":"Forage","author_link":"https:\/\/theforage.wpengine.com\/author\/theforage"},"_links":{"self":[{"href":"https:\/\/theforage.wpengine.com\/wp-json\/wp\/v2\/posts\/2458"}],"collection":[{"href":"https:\/\/theforage.wpengine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theforage.wpengine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theforage.wpengine.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theforage.wpengine.com\/wp-json\/wp\/v2\/comments?post=2458"}],"version-history":[{"count":0,"href":"https:\/\/theforage.wpengine.com\/wp-json\/wp\/v2\/posts\/2458\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theforage.wpengine.com\/wp-json\/wp\/v2\/media\/2459"}],"wp:attachment":[{"href":"https:\/\/theforage.wpengine.com\/wp-json\/wp\/v2\/media?parent=2458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theforage.wpengine.com\/wp-json\/wp\/v2\/categories?post=2458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theforage.wpengine.com\/wp-json\/wp\/v2\/tags?post=2458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}