Explain difference between capital and current expenditure in a budgeting techniques?

Capital cost are cost incurred on assets for the purpose of generating revenue and current expenses are overhead cost to maintain and run business day to day

Capitalized expenses. Other business expenditures, such as the cost of equipment, land, and vehicles to name a few, cannot be deducted in the same way as current expenses. Asset purchases, since they are expected to generate revenue in future years, are treated as investments in your business.

Recurrent expenditure may be refer to as regular and ongoing expenses that occur daily, monthly, quarterly, semi-monthly, quarterly, semi-annually or annually. This involves expenses like overheads, salaries, cost of raw materials, traveling, entertainment, miscellaneous expenses, among others.

While Capital expenditure are these non-recurring expenses especially for special projects. Example of this include; construction of roads, electricity, infrastructure or building, among others.

In budgeting, it is required of an economy to embark on more capital expenditure relative to recurrent expenditure especially a developing economy like Nigeria that needs more of productive investment..