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Show Notes
In episode #9, I address your SaaS cost of goods sold. I review a lot of SaaS P&Ls, and I’d say 90% are set up incorrectly. It’s so important to set up your P&L correctly to manage your business and calculate important SaaS metrics.
- What should be included in COGS?
- Your revenue streams dictate your COGS departments
- Why is COGS important?
- Expectations of COGS
- It starts with your chart of accounts and dimension coding
- Avoid the big bucket of expenses
Blog Post on SaaS COGS: https://www.thesaascfo.com/what-should-be-included-in-saas-cogs/
Join Ben’s SaaS community here: https://www.thesaasacademy.com/offers/ivNjwYDx/checkout
Follow Ben on LinkedIn: https://www.linkedin.com/in/benrmurray
Subscribe to Ben’s SaaS newsletter: https://mailchi.mp/df1db6bf8bca/the-saas-cfo-sign-up-landing-page