It is called an expense to the accounting item (of money) that certain and directly decreases the benefit, or failing that, increases the loss of the pockets, in the case that that item of money has left the personal account of an individual or of a company or company.
The expense will always imply the disbursement of a sum of money that can be in cash or, in the case of an expense that will be faced through the bank account, it will lead to a bank movement, which is called.
An expense can take the form of payment for a service such as electricity, gas, telephone, cell phone subscription, cable service subscription, among others, and also other very common forms of expenses such as the purchase of some personal effect, such as a jean, a T-shirt, a pair of shoes, food and any other need or taste that involves the disbursement of money in any of the forms in force today.
This that we mention, regarding the individual expenses that a person can incur, while in the case of the expenses of a company there are some more considerations, since some expenses in which a company may incur at some point, with over time, they can translate or become profits, even higher than the expense faced at the time.
For example, in the purchases of merchandise carried out by a certain business or company, not everything is an outflow of money, that is, at the time the merchandise to be replaced is purchased, an expense is being incurred, but then that expense can be recovered with You grow if the merchandise manages to be sold in a short term and of course with a value higher than the one that was bought.
In accounting there are two basic criteria that are followed when reflecting an expense. Principle of true image, in this case, we will try to collect the expense even if it is not one hundred percent real and the other principle, called prudence, will try to collect the expense as soon as possible, that is, when you have the idea that going to produce.
