Quick Answer: What Is an Administrative Budget?

An administrative budget is an official, detailed financial plan for an upcoming period for a business. An administrative budget is usually prepared on an annual or quarterly basis and identifies the costs of running an operation that is not tied to producing a product or service.

What are examples of administrative costs?

Typical items listed as general and administrative expenses include:

• Rent.
• Utilities.
• Insurance.
• Executives wages and benefits.
• The depreciation on office fixtures and equipment.
• Legal counsel and accounting staff salaries.
• Office supplies.

What is selling and administrative budget?

The selling and administrative expense budget is comprised of the budgets of all non-manufacturing departments, such as the sales, marketing, accounting, engineering, and facilities departments. … It may also be split up into segments for a separate sales and marketing budget and a separate administration budget.