Daft cost of sale question
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KaelaH
Registered Posts: 131 Dedicated contributor 🦉
I am currently doing some bookkeeping for a local Preschool, the only thing I can't quite get my head round is whether or not Wages and Salaries for the Childcarer's is a cost of sale or an overhead?
Many thanks
Many thanks
0
Comments
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I'd probably put it in overheads, but I'm sure there are good arguments for putting it in direct costs too...0
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Maybe am looking at this wrong but isnt a preschool providing a service so there isnt a cost of sale but wages and salaries are an expence to the P&L0
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Thank you both, I was thinking the same thing but doubted myself, couldn't quite get my head round it.
I'll leave it in overheads0
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