General And Administrative Expenses List

General And Administrative Expenses List

General And Administrative Expenses List

oboloo’s Glossary

General and administrative expenses are costs related to running a business that cannot be directly attributed to producing goods or services. These expenses typically include professional fees such as legal, accounting and consulting; wages for administrative staff; office supplies and equipment; rent; payouts associated with employee benefits; advertising/marketing; and insurance premiums. Understanding the breakdown of these expenses is essential for effective budgeting and tracking operational costs.