Practice
Allocate costs back to transactions
Track every business cost back to the specific customer or transaction that generated it
Allocate costs back to transactions
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Context
Related Concepts9
Related Frameworks3
Transcript mentions
So, every month you get bills, and they turn up in your P&L, but every single bill we got, we allocated the cost back to the customer, or the transaction that generated it. And then we add our margin on top, and that's our price.
Practice
Allocate costs back to transactions
Track every business cost back to the specific customer or transaction that generated it
Context
Related Concepts9
Related Frameworks3
Transcript mentions
So, every month you get bills, and they turn up in your P&L, but every single bill we got, we allocated the cost back to the customer, or the transaction that generated it. And then we add our margin on top, and that's our price.