Selling, general, and administrative expense is basically a fancy name for operating costs. Read this article to learn what is included in SG&A expense, and why it is a significant number.
Offering spot bonuses is a low-cost initiative. Because this is a more targeted bonus, the monetary reward can be lower than expected bonuses. Furthermore, because it's at the employer's discretion, they can choose how much to give and how often. Therefore, it's an excellent way to ...
What is the definition of selling, general and administrative expenses?More specifically, the SG&A expense include all sorts ofexpensesthat a company makes to support its operations and pay its employees. Hence, SG & A include salaries,wages, and the associated taxes, utilities, marketing, advertis...
The traditional method of acquiring new functionality, products and services is to buy, install and maintain them. This inevitably requires an IT department and trained staff, resulting in high costs and extensive resource usage for businesses. With the Anything as a Service (XaaS) model, companies...
A traditional income statement is a formal presentation of all income and expenses of a business for a particular period of time. The presentation includes a calculation of revenue minus expenses, showing whether the business generated a profit (net income) or a loss. This is why an income sta...
How is a common size income statement used? Businesses and financial managers use common size income statements to track and assess financial performance in the following ways: Profit analysis You can use a common size statement to examine how each component of your income statement contributes to ...
What Is Sideloading (and Why Should You Care)? Spoiler: It’s a risky way of downloading apps. Chances are you may have heard about the dangers of clicking on suspicious email linksor entering personal info on questionable sites. But did you know that there’s a sneaky security risk you ...
The income statement is also known as the statement of operations, profit and loss statement, and statement of earnings. It is one of a company’s main financial statements. The purpose of the income statement is to report a summary of a company’s revenues, expenses, gains, losses, and ...
An order is an agreement between a buyer and a seller. It authorises a seller to debit a buyer's PayPal account for their purchase. A "Pending" order status means that the seller has received your order but hasn’t collected your payment yet. Once you place an order, your account wil...
Chargebacks are costly to your business. Understand what is a chargeback, how the process works and how to prevent a chargeback.