accurate gross: why would merchant account fees list under a cost of goods sold and not an “expense”?
Simple logic is its variable cost (aka direct cost). Merchant Fees are directly associated with generating revenue like material cost or direct labor cost. In theory, you would not have these merchant costs if you do not have revenue income whereas paying monthly rent or telephone bills are overhead expenses […]
Resolution for 'accurate gross issue: 'why would merchant account fees list under a cost of goods sold and not an “expense”?' available: Yes.
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