Organizational Expenses

Administration Overhead (Administration Expenses)
Administration overhead includes general office operations costs such as salaries, stationery, and telecommunication expenses, essential for executing administrative activities within an organization.
Amortization
Amortization refers to the process of reducing debt through periodic payments or the systematic write-off of intangible asset costs over a set period.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.