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Expense budget planning is an important part of any budget. An expense budget is a list of forecasted expenses within a set amount of time. An expense budget could cover a quarter, an entire year or just a month.
Expense Versus Expenditure. An expenditure is a payment, while an expense is a cost that is reported on the profit-and-loss statement. Sometimes the expense can be the same thing as the expenditure. For example, salaries are expenditures that are expenses as well. In other cases, they are completely different.dministrative and operational expenses are subtracted from the gross margin, as is depreciation, to arrive at operating income. A capital expenditure is not treated as a revenue expenditure on the income statement or the balance sheet.