![]() ![]() ![]() “Administrative costs are for managing the business. These include the cost of a company’s accounting, marketing or HR personnel, as well as its administrative and management staff, including outside professionals, such as accountants or lawyers, who are not salaried employees. Examples of general expensesĪdministrative expenses are the costs of paying wages, salaries and providing benefits to non-sales personnel. General expenses are different from administrative costs in that they do not relate to the management of the business. Rent, insurance, utilities, office supplies-all of the costs associated with the day-to-day running of the business,” says Barros, adding that it’s also called overhead. “General expenses are directly related to the operation of the business. General expenses are the costs a business incurs as part of its daily operations, separate from administration expenses.
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