businesses still: 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 'businesses still issue: 'why would merchant account fees list under a cost of goods sold and not an “expense”?' available: Yes.
The businesses still issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the businesses still issue yourself by looking for a resolution described in the article. If it is a complex businesses still issue or you are unable to solve the issue, you may contact us by clicking here or by using other businesses still support options.
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