What are management expenses, operating expenses and financial expenses?

1. Operating expenses account for various expenses incurred by an enterprise in the process of selling goods, including transportation expenses, loading and unloading expenses, packaging expenses, insurance fees, exhibition expenses, advertising expenses, and the salaries of employees of sales organizations (including sales outlets and after-sales service outlets, etc.). ) an enterprise established specifically for selling goods.

2. Management expenses: refers to various expenses incurred by the administrative department of the enterprise for managing the organization and operation activities, including company funds, trade union funds, employee education funds, labor insurance premiums, unemployment insurance premiums, directors' membership fees, consulting fees, audit fees, legal fees, sewage charges, greening fees, taxes, land use fees, land loss compensation fees, technology transfer fees, technology development fees, amortization of intangible assets, amortization of start-up expenses, etc.

3. Financial expenses refer to the expenses incurred by an enterprise to raise funds needed for production and operation, including interest expenses (minus interest income), exchange losses (minus exchange gains) and related handling fees. The specific contents include:

(1) Interest expense refers to the net amount of interest expense (except capitalized interest) such as short-term loan interest, long-term loan interest, bill payable interest, bill discount interest, bond payable interest, long-term payable interest, etc. of imported equipment minus interest income from bank deposits.

(2) Exchange loss refers to the difference between the bank purchase price and the exchange rate used for bookkeeping due to the settlement and purchase of foreign exchange from the bank, and the difference between the ending balance of foreign currency in foreign currency accounts at the end of each month (quarter and year) and the original book amount.

(3) Relevant handling fees refer to the handling fees payable for issuing bonds. (excluding those to be capitalized), issuing bank charges, telegraphic transfer, purchase of bank drafts, adjustment of foreign exchange, etc. , but does not include the handling fee paid for issuing shares.

(4) Other financial expenses, such as cash discount, non-capitalized financing lease expenses incurred in financing fixed assets, etc.