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systematic expensing

(Dictionary)

Author:
Harold Averkamp, CPA, MBA

Definition

A phrase used in depreciation and amortization to indicate that the expense is being allocated
on a logical basis (because a cause and effect relationship does not exist).

Dictionary

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  • Debits and Credits
  • Adjusting Entries
  • Financial Statements
  • Balance Sheet
  • Income Statement
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  • Bank Reconciliation
  • Accounts Receivable and Bad Debts Expense
  • Accounts Payable
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  • Depreciation
  • Payroll Accounting
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About the Author

Harold Averkamp

For the past 52 years, Harold Averkamp (CPA, MBA) has
worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on AccountingCoach.com.

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