Both are nouns. However, expenditureis commonly used in reference to time--an expenditure of time. Expense is commonly used in reference to money--an expense for business.
Expense is an Any amount paid for Good n services. Example, Electricity Bills etc. Expanditure is any amount paid for increase in assets of business. Like Raw material For business, Furniture for Business and so on .
The benefit derived from incurring a expenditure MAY not be limited to the period concerned where as the benefits derived from a expense are consumed in the same period
In everyday usage (ie we are not discussing technical accounting lingo here), "expenses" is a subset of "expenditures". Expenditures can apply to any outflow of money for any purpose. Expenses is more circumscribed - applying to money spent to cover costs. So forinstance purchasinga book of postage stamps isusually referred toas an expense. But you could also refer to it as an expenditure on stamps. The phrases "household expenses" and "household expenditures" are pretty interchangeable. But there are certain expenditures would not usually be referred to as expenses. For instance, a collector of antique stamps would refer to the purchase of a rare antique stamp as an expenditure, not as an expense. Buying everyday stamps on the other hand, as stated previously, could properly be referred to as either an expense or an expenditure. Though, curiously, tne antique stamp might be described as "expensive"; I am not aware of any word such as "expenditurous"...
revenue is income and expenditure is an expense
capital expenditures is expenses on assets and infrastructure while recurrent expenditure is expense on liabilities or things that keep on happening
Check out the related link to see the difference between capital expenditure and recurrent expenditure as well as some examples.
An expense is a cost that has expired, been used up, or necessary in order to earn revenues and is recorded on an income statement. An expenditure is a payment or disbursement which may have been a purchase of an asset, reduction of liability or distribution to owner(s).
My understanding is Accrual = (VOWD - Actual expenditure)
revenue is income and expenditure is an expense
They can be used the same in most cases, though they do have slightly different shades of meaning. Expense can be used to discuss price of a single object, whereas expenditure is generally used more for the expense over a period of time. Their definitions are very similar however
Operational expenditure is expense of "Operations" like insurance for the company or rent for a warehouse. Cost of goods sold is expense directly related to preparing something for sale. For example: A gas bill for a pizza oven, used to bake the pizzas sold, is a COGS.
capital expenditures is expenses on assets and infrastructure while recurrent expenditure is expense on liabilities or things that keep on happening
Revenue expenditure are those for which company has spend money but not yet took the benefits of them as soon as company take benefits of those expenditure, it become expanse. For Example: Inventory purchase for 3 months of production is revenue expenditure but when this inventory utilized in production then the portion of utilized inventory become expanse.
Check out the related link to see the difference between capital expenditure and recurrent expenditure as well as some examples.
Inflow of money is income . Outflow of money is expenditure
capital expenditure.
what is the difference between capital and current expenditure what is the difference between capital and current expenditure
Expenditure is money going out, revenue is money coming in.
They are synonyms.
This is the difference between Income and Expenditure in a non-profit making business, where the income exceeds expenditure