fixed expenses definition

Fixed expenses are those operating costs that vary little from month to month. On the profit and loss statement they are often found in the overhead accounts "selling, general and administrative expenses" (SG&A). Examples of costs that are often classified as fixed include, but are not limited to:

- Administrative and salaried payroll
- Property lease or rent payments
- Equipment lease
- Property taxes
- Insurance premiums
- Utilities

Fixed expenses are differentiated from variable expenses, however, fixed expenses may be somewhat variable, such as commissions and some leases.

Search again for variable expenses.