Perhaps it helps to review Expense and Expenditure.
Expense is, for instance, Printer Paper and electricity = Poof! All Gone, every time you pay for it.
When you Buy an Asset, you traded money (an asset) for something tangible (touchable and right there, to be seen) and Of Value (that same cost […]
Resolution for 'business funds issue: 'Can I deduct the cost of buying a vehicle for business use?' available: Yes.
The business funds issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the business funds issue yourself by looking for a resolution described in the article. If it is a complex business funds issue or you are unable to solve the issue, you may contact us by clicking here or by using other business funds support options.
For more information about resolving issues related to business funds in Quickbooks/QBO or to get support for the issue 'Can I deduct the cost of buying a vehicle for business use?', click the link below: