These expense account codes are grouped together in related five-digit budget categories. The expense account codes are said to “roll up to” budget categories. Example: Budget category “Supplies” is ...

Check payout. 613 Change Fund – Expense To have cash on-hand for specific event-must be redeposited at end of event 612 Check Advance – Expense Payment by check to vendor in advance – receipt and any ...

Investopedia / Mira Norian Section 179 of the U.S. Internal Revenue Code is an immediate expense deduction that business owners can take for purchases of depreciable business equipment.