What was your top ten expenses for 03?

Discussion in 'Lawn Mowing' started by tiedeman, Apr 14, 2004.

  1. tiedeman

    tiedeman LawnSite Fanatic
    from earth
    Posts: 8,745

    What was your top ten expenses for 03'? These are mine.

    1. Equipment 18.30%
    2. Gas (Fuel) 13.21%
    3. Misc. (tools, uniforms, etc) 12.61%
    4. Employee Fed Tax 10.27%
    5. Vehicle Expense 7.93%
    6. Insurance 7.20%
    7. Office Supplies 4.79%
    8. Telephone 4.77%
    9. Advertising 3.68%
    10. Cell Phone 3.66%

    So far as of right now my top three for 2004 are:
    1. Advertising 11.77%
    2. Fuel 11.43%
    3. Equipment 10.27%
     
  2. Norm Al

    Norm Al LawnSite Bronze Member
    Posts: 1,227

    1)my wife
    2)my wife
    3)my kids
    4)my kids that live at your house:)
    5)GAS
    6)production materials
    7)labor
    8)labor
    9)labor
    10labor
     
  3. tiedeman

    tiedeman LawnSite Fanatic
    from earth
    Posts: 8,745

    Are you sure the wife is only the top two? I would think that wives would be the top three at least
     
  4. Norm Al

    Norm Al LawnSite Bronze Member
    Posts: 1,227

    your probably correct tiede,,,,,,but im not good with the books!:)
     
  5. Turf Medic

    Turf Medic LawnSite Bronze Member
    Posts: 1,073

    Are you willing to share what kind of volume you do?
     
  6. rodfather

    rodfather LawnSite Fanatic
    Posts: 9,501

    Equipment (acquisitions over $500 each) per se is not a line expense item on a P&L Statement...it's a journal entry that shows up on other reports. If you are talking about normal everyday parts and service to maintain and upkeep the equipment, then that is an a expense.

    Equipment is depreciated, expenses are not...
     
  7. ffemt1271

    ffemt1271 LawnSite Bronze Member
    Posts: 1,285

    1. ME
    2. equipment
    3.advertisement
    4.insurance
    5.fuel
    6. parts
    7.repairs
    8.materials
    9.
    10.
     
  8. SodKing

    SodKing LawnSite Bronze Member
    Posts: 1,648

    Bullets to shoot my employees....
     
  9. tiedeman

    tiedeman LawnSite Fanatic
    from earth
    Posts: 8,745

    I am talking about the expeneses for the year. So equipment would be an expense for the year. If I bought it in 03, then its an expense.
     
  10. EastProLawn

    EastProLawn LawnSite Bronze Member
    Posts: 1,110

    Other then labor & materials it was Gasoline & insurance:(
     

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