Misclassification of Capital expenditure and Revenue expenditure and how to avoid it.
Bookkeeping is as essential to a business as breathing is to the body. It’s the company’s lifeline, so tracking every penny that flows in and out is vital. Misclassifying capital expenditures (CapEx) and revenue expenditures (RevEx) in bookkeeping will be expensive. Capital and revenue expenditures are critical for maintaining and growing a business. They serve […]
