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@lightworker0000 Maybe posting a sample P&L would be a good learning tool for business owners who don’t understand it? I was hit upside the head with the P&L every chance my boss had just so I knew what was happening. I guess the only way to really learn is to see what’s happening and put it...

@lightworker0000 I’m confused.... I mean sales is revenue if you think of a can crossing the scanner. Unless you mean the labor of selling. The can had a cost so that is COGS but the sale itself is revenue (profit and regaining cost of goods)

@lightworker0000 Labor in selling goods is expense, unless those goods are manufactured. Corporate retail always used labor as largest controllable expense, at least in my experience.

@jennyfer88baker COGS is an expense either way. In the end it didn’t matter if the bottom line showed black... All in all it depends on if the labor would be there whether or the not the services sold. I would believe salaried positions count on the bottom of the P&L as you don’t just send them...