Thursday, June 4, 2009

Major Overheads You Should Not Exclude From Your Income Statement!




Following are the points about the overheads of income statement:
  1. Amortization
  2. Bad Debts
  3. Bank Charges
  4. Charitable Contributions
  5. Commissions
  6. Contract Labor
  7. Depreciation
  8. Dues and Subscriptions
  9. Employee Benefit Programs
  10. Insurance
  11. Interest
  12. Legal and Professional Fees
  13. Licenses and Fees
  14. Miscellaneous
  15. Office Expense
  16. Payroll Taxes
  17. Postage
  18. Rent
  19. Repairs and Maintenance
  20. Supplies
  21. Telephone
  22. Travel
  23. Vehicle Expenses
  24. Wages

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