Enterprise glossary and term center
Research and understand all the intricate terms and definitions that surround the ecosystem of enterprise resource planning (ERP), enterprise software and no-code tools.
- Enterprise terms
- What is meant by overhead cost?
Overhead - What is meant by overhead cost?
Overhead refers to the ongoing costs to operate a business but excludes the direct costs associated with creating a product or service. ... There exist different categories of overhead, such as administrative overhead, which includes costs related to managing a business. The income statement reports overhead expenses.