Learn what miscellaneous expenses are in accounting. Plus, see real examples, understand when to use this category, and find out how to record it correctly. Miscellaneous expenses are unpredictable or irregular business costs that don’t fit into standard categories. Learn how to classify, deduct, and manage them. Miscellaneous expenses are minor, one-off, irregular costs businesses incur. They can vary greatly between periods because they are generally not predictable. They are a type of indirect expense that isn’t explicitly tied to the production of goods or services, such as labor, materials, or overhead. Learn what miscellaneous expense is and how to account for it in your general ledger. Find out when to create or eliminate a separate account for minor transactions that increase or decrease over time.
