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Purchase and expense are close as both are purchase one is Goods and other is Service nature .
Both involving flow out of funds . However there is a close difference in the terms with regard to the results
Purchase of Goods - as purchase of goods would mean acqusition of Assets or some thing tangible example purchase of raw materials or finished goods by industry . Purchased goods can be stored for future use held and defined as STOCKS opening and closing . However if the nature of purchase of items are of less vaue they can be considered as expenses category - unlike Printer catridge purchase but when put to use these are considered as Expense or Opex ( Operational Expenses ) and if held in store prior to use is defined as Consumables .
Where purchase of Service would be considered as Expense or Opex catergory where it is difficult to store or tangibly view the service - example - repair and maintenance service or Assets . Expense is category purchase where the benefit is enjoyed for a short time , once the expense is over the service is delivered . example - Service of cleaning once there service is delviered it considered as expenses . Wages is also service of manpower , one the labour is utilized it is consisder as expense . Expenses or OPEX procurement are mainly routine or repetative in nature as compared to Purchase of Good where there is ASSET and the benefit of which is enjoyed over a long term - over 1 yr or more depending on the life of the asset.