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 ?
Laredo Petroleum announced the company has taken measures to align the company's cost structure with operational activity, reducing combined cash and non-cash general and administrative expenses and capitalized employee costs by approximately 25% on an annualized basis.
Total general and administrative expenses were $2,278,586, or 28.8% of total revenues for the fiscal 2019 first quarter, as compared to $2,218,409, or 29.9% of total revenues for the same period of the prior year.
General and administrative expenses came in 8.8 percent higher at P1.48 billion in the first quarter from the previous year's P1.36 billion due to the increase in professional and technical fees.
For operating expenses there was an increase of nine per cent, mainly due to increase in the net impairment charge for credit losses, other general and administrative expenses, rent and premises related expenses and depreciation and amortisation expense against a decrease in salaries and employee-related expenses.
The decrease in general and administrative expenses is primarily attributable to a decrease of $0.1 million for stock-based compensation expenses and a $0.1 million decrease in marketing related costs.
The Abu Dhabi-listed firm plans to cut general and administrative expenses by 55% in 2016 and operating expenses by a smaller amount.
General and administrative expenses made up 10 per cent of revenue in the third-quarter compared with 6.6 percent in the year earlier period, Sanyalaksna Manibhandu, Abu Dhabi-based analyst at NBAD Securities, said in a research note.
Additionally, the net loss for the quarter includes increased selling, general and administrative expenses and engineering and support expenses of $0.3 million and $0.1 million, respectively, compared to the third quarter of fiscal 2012.
The Company also reports it has reduced its selling, general and administrative expenses by 32% through cost containment and the beginning of a strategic agreement with Mexcor Wine and Spirits.
The Company's broadcasting expenses (excluding depreciation, amortization and corporate, general and administrative expenses) for the second quarter of 2010 were Ps.
The agent argued that a service department only includes general and administrative departments that incurred only general and administrative expenses. The IRS rejected the agent's attempt to apply such a narrow view of a service department, in light of the plain language of Regs.
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.
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