Thursday, September 17, 2009

What is an Administration Cost?

A general administrative cost includes all expenditure incurred in formulating the policy, directing the organization and controlling the operations of an undertaking.

These administration costs are usually not directly related to production, selling and distribution, research and development activity or function of the company.

Examples of Accounting Administration Costs:

  • Accounts office expenses 
  • Audit fees 
  • Legal expenses 
  • Office rent
  • Director's Pay
  • Postage
  • Miscellaneous Supplies
  • Basic Computer Training
  • Small Snacks and Coffee 

No comments:

Popular Accounting Problems

The information on this site is for informational purposes only and should not be used as a substitute for the professional advice of an accountant, tax advisor, attorney, or other professional.