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Is professional fee expense an administrative expense or a selling expense?
Wiki User
∙ 14y ago
Expenses which are incurred for the selling of product is called Selling Expenses while expenses incurred on administration of general day to day tasks are called administration expenses
Wiki User
∙ 10y ago
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Is credit card fee expense a selling or administrative expense?
selling expense.
Is accounting fees a selling administrative expense?
Sales salaries and commission expenses, if paid for selling the products then it is selling expenses, while if salaries or commission is paid for administration work then it would be classified as administration expense like salary of operation manager etc.
What is the difference between finance expense and administrative expense?
Finance expense is that amount paid for the acquisition and using debt or equity finance like interest, brokerage fee, etc Administrative expense is that amount which is used to run day to day activities of business like admin staff salaries rent insurance etc
Is audit fee an administrative expense?
Yes because audit means protecting the business (lawyers) if a customer wants to sue the business
How do you record a software license renewal fee?
It is a kind of expenses like insurance expense, legal and professional expenses
Is management fees part of administrative expenses?
ARE management fees part of administrative expenses, or Is a management fee part of administrative expenses. Typically, an aministrative fee is included in a lease that bills tenants for a prorata share of expenses on an annual basis. An administrative fee of 5% to 15% is charged on the total amount of monies spent for the year on expenses; as an administrative fee. The administrative fee is supposed to cover the cost of "administrating the expenses". The management fee would be a percent fee, based on rental income collected for a property (4%-6%) for the work or duties outlined in a management contract between the parties. An administrative fee can include a percent of the management fees if a lease is written with such language.
Is professional charges a fixed cost expense?
The only time professional charges would be a fixed cost expense is when you pay exactly the same charge every reporting period (monthly, quarterly, or yearly). If the professional charge changes depending of the amount of work done or time spent, then it is not fixed. Sometimes lawyers or accountants will work for a fixed fee that doesn't change over a period of time. Then it is a fixed cost expense.
Can an annual credit card fee be a prepaid expense?
yes
What is clerical fee?
A clerical fee is a charge typically imposed by a business or organization for administrative processing tasks, such as document handling, data entry, or record keeping. It is a fee for the manual labor associated with processing paperwork or performing administrative duties.
Can someone view their own personal criminal record at no cost?
Very unlikely these days. Most (all?) agencies that supply this information customarily charge some kind of "administrative fee" (usually a reasonable amount) for the manpower expense of accessing it and printing it out.
Do you have to pay to sell stuff on eBay?
Yes you have to pay a listing fee and a selling fee.
Which fee pays for a licensed professional to determine a value of a home?
Appraisal fee
