Your SaaS Cost of Goods Sold (COGS) Is Probably Wrong - podcast episode cover

Your SaaS Cost of Goods Sold (COGS) Is Probably Wrong

Jul 22, 20233 min
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Episode description

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

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