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sales expense UK US noun [C, usually plural] ACCOUNTING, MARKETING► SELLING EXPENSE(Cf. ↑selling expense)
Financial and business terms. 2012.
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Financial and business terms. 2012.
expense — ex‧pense [ɪkˈspens] noun 1. [countable, uncountable] ACCOUNTING an amount of money that a business or organization has to spend on something: • Most advertisers look upon advertising as an expense and not an investment, which is a mistake. • The… … Financial and business terms
Expense Ratio — Total Annual Fund Operating Expenses ( Expense Ratio ) the line of the fee table in the prospectus that represents the total of all of a fund s annual fund operating expenses, expressed as a percentage of the fund s average net assets. Looking at … Wikipedia
Sales Tax Audit — A sales tax audit is the examination of a company’s financial documents by a U.S. state’s tax agency to verify if they have collected the correct amount of sales tax from their customers. Purpose The purpose of a sales tax audit is to examine the … Wikipedia
selling expense — UK US noun [C, usually plural] (also sales expense) ACCOUNTING, MARKETING ► one of the costs of marketing and selling a product or service: »The selling expense account would include expenses incurred by a sales department in supplying samples … Financial and business terms
Freight expense — In accounting, the concept of a freight expense account can be generalized as a payment for sending out a product to a customer. It falls under the umbrella category of Expenses and is treated like other expense accounts in relation to the… … Wikipedia
Operating expense — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts … Wikipedia
Closing (sales) — Closing is a sales term which refers to the process of making a sale. The sales sense springs from real estate, where closing is the final step of a transaction. In sales, it is used more generally to mean achievement of the desired outcome,… … Wikipedia
Conditional Sales Agreement — A lease agreement banks can offer to business customers that wish to finance purchases of new equipment. The business is able to take possession of the property as soon as the agreement is in force, but does not own the property until it has paid … Investment dictionary
operating expense — noun a) Any expense incurred in running a business, such as sales and administration, as opposed to production. b) The money an entity spends in order to turn inventory into throughput. Syn: OPEX … Wiktionary
Selling, General & Administrative Expense - SG&A — Reported on the income statement, it is the sum of all direct and indirect selling expenses and all general and administrative expenses of a company. Direct selling expenses are expenses that can be directly linked to the sale of a specific unit… … Investment dictionary