![]() |
|
Financial Terms | |
Salary expense |
Information about financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit.
Main Page: credit, inventory control, financial, money, payroll, accounting, inventory, finance, |
Definition of Salary expenseSalary expenseThe amount paid to employees for services rendered; synonymous with payroll expense and wage expense.
Related Terms:Payroll expenseThe amount paid to employees for services rendered; synonymous with salary expense and wage expense. Wage expenseThe amount paid to employees for services rendered; synonymous with salary expense and payroll expense. Accrued expenses payableexpenses that have to be recorded in order for the financial statements to be accurate. Accrued expenses usually do not involve the receipt of an invoice from the company providing the goods or services. accrued expenses payableThe account that records the short-term, noninterest- Annual fund operating expensesFor investment companies, the management fee and "other expenses," Current Income Tax ExpenseThat portion of the total income tax provision that is based on Deferred Income Tax ExpenseThat portion of the total income tax provision that is the result ![]() Depreciation expenseAn expense account that represents the portion of the cost of an asset that is being charged to expense during the current period. ExpenseThe reduction in value of an asset as it is used for current company operations. Expense ratioThe percentage of the assets that were spent to run a mutual fund (as of the last annual ExpensedCharged to an expense account, fully reducing reported profit of that year, as is appropriate for ExpensesThe costs incurred in buying, making or producing goods and services. ExpensesCosts involved in running the company. Fixed ExpensesCost of doing business which does not change with the volume of business. Examples might be rent for business premises, insurance payments, heat and light. fixed expenses (costs)expenses or costs that remain the same in amount, GENERAL-AND-ADMINISTRATIVE EXPENSESWhat was spent to run the non-sales and non-manufacturing part of a company, such as office salaries and interest paid on loans. Income Tax ExpenseSee income tax provision. management expense ratio (MER)The total expenses expressed as an annualized percentage of daily average net assets. MER does not include brokerage fees and commissions, which are also payable by the Fund. Office expenseThe amount of expense incurred for the general operation of an office. Operating expenseAny expense associated with the general, sales, and administrative OPERATING EXPENSESThe total amount that was spent to run a company this year. Operating ExpensesThe amount of money the company must spend on overhead, distribution, taxes, underwriting the risk and servicing the policy. It is a factor in calculating premium rates. Payroll tax expenseThe amount of tax associated with salaries that an employer pays to governments (federal, state, and local). Prepaid expenseAn expenditure that is paid for in one accounting period, but which Prepaid expensesexpenses that have been paid for but have not yet been used up; examples are prepaid insurance and prepaid rent. Rent expenseThe amount of expense paid for the use of property. revenue-driven expensesOperating expenses that vary in proportion to SELLING EXPENSESWhat was spent to run the sales part of a company, such as sales salaries, travel, meals, and lodging for salespeople, and advertising. unit-driven expensesexpenses that vary in close proportion to changes VARIABLE EXPENSESThose that vary with the amount of goods you produce or sell. These may include utility bills, labor, etc. variable expensesexpenses that change with changes in either sales volume Related to : financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit. |