general and administrative expenses

Sales, General, and Administrative Expenses

Overhead costs to a company. Sales, general, and administrative expenses are usually recurring; they include things like rent, salaries, and money spent on office supplies. They do not generally include one-time costs. They form one of the single largest expenses a company can incur in its operations. These expenses are included in one category on financial statements and are subtracted from revenue when calculating operating income.

Selling, General & Administrative Expense

Overhead costs to a company. SGAs are usually recurring; they include things like rent, salaries, and money spent on office supplies. They do not generally include one-time costs. They form one of the single largest expenses a company can incur in its operations. These expenses are included in one category on financial statements and are subtracted from revenue when calculating operating income.

general and administrative expenses

Usually a pro rated portion of general overhead,charged to a particular project although not capable of segregation into goods or services provided for that project. An example could be the cost of paper, toner, office equipment maintenance contracts, phone lines,and office space.

References in periodicals archive ?
Paragon's general and administrative expenses increased by $14,000 for the second quarter of 2005 to $239,000, and for the six months of 2005, these expenses increased by $233,000 to $697,000 for due diligence undertaken mostly during the first quarter of 2005 on a large potential acquisition.
51) Private Letter Ruling 9426004 notes that certain general and administrative expenses attributable to the performance of services that do not directly benefit, or are not incurred by reason of a particular production activity, are not required to be capitalized.
Selling, general and administrative expenses increased by $503,000, or 26.
The principal reasons for the increase in net loss were $2,127,000 of non-cash charges related to fair value accounting and interest expense associated with the Company's convertible debenture and increased general and administrative expenses.
Selling, general and administrative expenses increased by 9 percent to $7,083,259 for FY '93 compared to $6,459,427 for FY '92.
861-12T(j), Example 1 -- clarifying that general and administrative expenses may be specifically traced to income generated by specific assets (rather than grouping such expenses with assets without directly identifiable yields) -- is also a good one.
Higher revenue (though slightly offset by higher property operating expenses) and the reduction in general and administrative expenses led to substantially higher EBITDA during the fiscal period.
The loss is primarily a result of increased store operating and selling expenses associated with WESCO's new superstores added in April, May and August 1992 and one added during this quarter and an increase in general and administrative expenses associated with WESCO's expansion program which began in September 1991.
Selling, general and administrative expenses are now forecast to be in the range of $255 million to $265 million, as a result of increasing legal expenses primarily related to ongoing patent-infringement litigation.
Had such expenses been reflected in its annual report on Form 10K on the same format with the prior quarters, Research and Development Expense would have been $841,323 greater or $1,043,784 for 1991 and Selling, General and Administrative Expenses would have been $841,323 lower for 1991.
In fact, general and administrative expenses not only decreased as a percentage of revenue, the general and administrative expenses actually decreased all together from $1.
General and administrative expenses were up $731,000 to $2,846,000 in 1991 compared to $2,115,000 in 1990, primarily due to positive adjustments to the litigation reserve which reduced general and administrative expense in 1990, expenses incurred to establish the company's new revolving credit facility and adjustments to receivables for uncollectible accounts in 1991.
Full browser ?