Other Operating Expenses
FINANCIAL PLAN > Expenses > Other operating expenses
By definition: "Other operating expenses comprise outsourcing costs, property or equipment rental charges, the cost of raw materials and supplies that cannot be held in inventory (i.e. water, energy, small items of equipment, maintenance-related items, administrative supplies, etc.), maintenance and repair work, insurance premiums, studies and research costs, external personnel charges, fees payable to intermediaries and professional expenses, advertising costs, transportation charges, travel expenses, the cost of meetings and receptions, postal charges, bank charges (i.e. not interest on bank loans, which is booked under interest expense) and other items of expenditure."
Other operating expenses, also known as overhead expenses, is the amount which generally does not depend on sales or production quantities. These include, for example, marketing expenses, rent and utilities, office expenses,
operating leases, IT (software services) and other fixed costs.
First enter the expenses categories and then cost forecasts (expenditure budget).
NB! This worksheet shall not include personnel expenses, there is a separate worksheet for that (FINANCIAL PLAN > Expenses > Personnel expenses).
Do not enter variable expenses or cost of sales here. These are processed on the FINANCIAL PLAN > Revenue > Sales revenue worksheet.
Do not enter the depreciation cost here - it will be handled on FINANCIAL PLAN > Assets > Fixed assets worksheet.
Principal payments and interest charges do not belong here either, as these are processed on the FINANCIAL PLAN > Funding worksheets.
|Enter the amount of operating expenses (overhead expenses) for a selected period.
|Enter the average number of days during which the purchase invoices will be paid. In other words, enter the payment term.
|Grant financing: financing level (%)
||If operating expenses are co-financed by grant financing, enter the financing rate.
The financing rate reflects the relative share of operating expenses financed by the government via support programs.
You can also enter the grant financing for expenses directly, in absolute figures. To do this, you can use worksheet: FINANCIAL PLAN > Revenue > Other operating revenue
|Grant financing: collection period (in days)
||Enter the expected number of days from incurring the expenses to the receipt of grant financing. The receipt of support will be shown in the cash flow report accordingly.
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