ACCOUNTING for Everyone

The Longest Running Online Certified Bookkeeping Course

Tag: overhead

  • Define Overhead in Accounting: Understanding the Basics

    Define Overhead in Accounting: Understanding the Basics

    Overhead is a term used in accounting to describe indirect costs associated with running a business or producing goods or services. These costs are not directly linked to a specific product or service, but are necessary for the overall operation of the business. Overhead costs can include rent, utilities, salaries of support staff, and office…