ANYBODY OUT THERE CAN HELP ME ? WHAT DO YOU MEAN BY MANAGEMENT FEES ON THE P&L. IS IT EXPENSE OR INCOME ?

It's an expense..

Thanks pupiffy, I've been googling it long, could you please explain little more, what relation it has with Direct or Indirect costs? Thanks in advance /

Can any body explain more on this please ?????????

Sounds like an indirect cost ...do you know the context behind the fee?

‘Management fees’ is too vague a term for me to be 100% sure but since most management fees are OH costs, it most definitely falls under indirect costs. goodluck!

Wait a second.. are you asking us under which category it falls??? It’s an expenditure so you want to put it under the debit side of the Profit and Loss account.

Management fees are fees that are paid out of fund assets to the fund's investment adviser for investment portfolio management, any other management fees payable to the fund's investment adviser or its affiliates, and administrative fees payable to the investment adviser that are not included in the "Other Expenses" category. They are also called maintenance fees.

Sparrow

Management fees can be either fees earned or paid. It depends on what kinda operation the company does.