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Overhead costs explained by our small business accountant in Sydney

Overhead costs also just referred to as overheads and are prominent throughout all small businesses and are seen as both long-term and short-term costs. Our small business accountant in Sydney will explain overhead costs.

It is an accounting term that refers to all ongoing business expenses not including or related to direct labour, direct materials or third party expenses that are billed directly to customers.

Some examples of overheads include:

• Accounting and Legal expenses
• Administrative Salaries
• Depreciation
• Insurance
• License and government fees
• Property faxes
• Rent
• Utilities

Overhead costs tend to be fixed, which means they don’t change from period to period. Our business accountants in Sydney are always willing to help with your overhead costs.

Contact our small business accountant in Sydney today and get your accounts sorted!